Sunday, June 11, 2017

Sunday Night Futures

by Bill McBride on 6/11/2017 08:01:00 PM

Weekend:
Schedule for Week of June 11, 2017

My FOMC preview.

• Excerpts from Goldman's FOMC preview.

From CNBC: Pre-Market Data and Bloomberg futures: S&P futures are down 4 and DOW futures down 32 (fair value).

Oil prices were down over the last week with WTI futures at $45.94 per barrel and Brent at $48.15 per barrel.  A year ago, WTI was at $49, and Brent was at $49 - so oil prices are DOWN year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.33 per gallon - a year ago prices were at $2.40 per gallon - so gasoline prices are down year-over-year.