Sunday, September 11, 2016

Sunday Night Futures

by Bill McBride on 9/11/2016 07:37:00 PM

Weekend:
Schedule for Week of Sept 11, 2016

Monday:
• At 1:15 PM ET: Speech by Fed Governor Lael Brainard, The Economic Outlook and Monetary Policy Implications, At the Chicago Council on Global Affairs: Global Economic Series, Chicago, Illinois. Watch live here.

From CNBC: Pre-Market Data and Bloomberg futures: S&P futures are down 7 and DOW futures are down 55 (fair value).

Oil prices were up over the last week with WTI futures at $45.37 per barrel and Brent at $47.60 per barrel.  A year ago, WTI was at $45, and Brent was at $47 - so prices are mostly unchanged year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.17 per gallon (down almost $0.30 per gallon from a year ago).