Sunday, July 16, 2017

Sunday Night Futures

by Bill McBride on 7/16/2017 07:49:00 PM

Weekend:
Schedule for Week of July 16, 2017

Monday:
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for July. The consensus is for a reading of 15.0, down from 19.8.

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

Oil prices were up over the last week with WTI futures at $46.61 per barrel and Brent at $48.91 per barrel.  A year ago, WTI was at $46, and Brent was at $46 - so oil prices are up slightly year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.24 per gallon - a year ago prices were at $2.22 per gallon - so gasoline prices are up slightly year-over-year.