Sunday, July 14, 2019

Sunday Night Futures

by Calculated Risk on 7/14/2019 07:41:00 PM

Weekend:
Schedule for Week of July 14, 2019

Monday:
• At 8:30 AM, The New York Fed Empire State manufacturing survey for July. The consensus is for a reading of 0.5, up from -8.6.

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

Oil prices were up over the last week with WTI futures at $60.25 per barrel and Brent at $66.76 barrel.  A year ago, WTI was at $68, and Brent was at $71 - so oil prices are down about 10% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.79 per gallon. A year ago prices were at $2.88 per gallon, so gasoline prices are down about 3% year-over-year.