Sunday, April 09, 2017

Sunday Night Futures

by Bill McBride on 4/09/2017 07:05:00 PM

Weekend:
Schedule for Week of Apr 9, 2017

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

• At 4:10 PM, Discussion with Fed Chair Janet Yellen, Discussion with Ford School Dean Susan M. Collins, Gerald R. Ford School of Public Policy: Policy Talk Series, Ann Arbor, Michigan

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

Oil prices were up over the last week with WTI futures at $52.52 per barrel and Brent at $55.24 per barrel.  A year ago, WTI was at $40, and Brent was at $41 - so oil prices are up about 30% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.39 per gallon - a year ago prices were at $2.06 per gallon - so gasoline prices are up about 33 cents a gallon year-over-year.