Sunday, November 06, 2016

Sunday Night Futures

by Bill McBride on 11/06/2016 06:48:00 PM

Weekend:
Schedule for Week of Nov 6, 2016

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

• At 2:00 PM, the October 2016 Senior Loan Officer Opinion Survey on Bank Lending Practices from the Federal Reserve.

• At 3:00 PM, Consumer credit from the Federal Reserve. The consensus is for a $18.7 billion increase in credit.

From CNBC: Pre-Market Data and Bloomberg futures: S&P futures are up 30 and DOW futures are up 235 (fair value).

Oil prices were down over the last week with WTI futures at $44.59 per barrel and Brent at $45.58 per barrel.  A year ago, WTI was at $44, and Brent was at $46 - so oil prices are basically unchanged year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.21 per gallon - a year ago prices were also at $2.21 per gallon - so gasoline prices are unchanged year-over-year.