Sunday, January 27, 2019

Sunday Night Futures

by Calculated Risk on 1/27/2019 07:09:00 PM

Weekend:
Schedule for Week of January 27, 2019

Monday:
• At 8:30 AM ET, Chicago Fed National Activity Index for December. This is a composite index of other data.

• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for January. This is the last of regional manufacturing surveys for January.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are down 5 and DOW futures are down 35 (fair value).

Oil prices were down over the last week with WTI futures at $53.32 per barrel and Brent at $61.26 per barrel.  A year ago, WTI was at $66, and Brent was at $70 - so oil prices are down about 15% to 20% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.26 per gallon. A year ago prices were at $2.56 per gallon, so gasoline prices are down 30 cents per gallon year-over-year.