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Sunday, September 14, 2014

Sunday Night Futures

by Calculated Risk on 9/14/2014 09:05:00 PM

This will be interesting to watch on Tuesday from the WSJ: Ties to Scotland Bring Debate to U.S.

With Scotland set to vote Thursday on whether to end a 307-year-old union with the U.K., Scottish-Americans and Scottish expatriates across the U.S. also are watching—and debating—a campaign that polls suggest is too close to call.
A survey released late Saturday by ICM Research for the Telegraph newspaper put support for independence at 49% of those surveyed with 42% against. Two other surveys put support for the union at 47% in both, versus 43% or 41% and a survey by Panelbase for the Sunday Times also put the union camp slightly ahead.
Schedule for Week of September 14th
FOMC Preview: More Tapering

From CNBC: Pre-Market Data and Bloomberg futures: the S&P futures are down 7 and DOW futures are down 50 (fair value).

Oil prices were down over the last week with WTI futures at $90.96 per barrel and Brent at $96.42 per barrel.  A year ago, WTI was at $108, and Brent was at $113 - so prices are down 15%+ year-over-year.

Below is a graph from for nationwide gasoline prices. Nationally prices are around $3.39 per gallon (down almost 15 cents from a year ago).  If you click on "show crude oil prices", the graph displays oil prices for WTI, not Brent; gasoline prices in most of the U.S. are impacted more by Brent prices.

Orange County Historical Gas Price Charts Provided by