Sunday, August 07, 2016

Sunday Night Futures

by Bill McBride on 8/07/2016 07:11:00 PM

Weekend:
Schedule for Week of Aug 7, 2016

More Employment Graphs: Prime Age Participation, Duration of Unemployment, Unemployment by Education and more

Monday:
• At 10:00 AM ET: The Fed will release the monthly Labor Market Conditions Index (LMCI).

From CNBC: Pre-Market Data and Bloomberg futures: S&P and DOW futures are up slightly (fair value).

Oil prices were up over the last week with WTI futures at $41.92 per barrel and Brent at $44.27 per barrel.  A year ago, WTI was at $44, and Brent was at $48 - so prices are down less than 10% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.12 per gallon (down about $0.50 per gallon from a year ago).