Sunday, August 25, 2019

Sunday Night Futures

by Calculated Risk on 8/25/2019 08:48:00 PM

Weekend:
Schedule for Week of August 25, 2019

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

• Also at 8:30 AM, Durable Goods Orders for July from the Census Bureau. The consensus is for a 1.1% increase in durable goods orders.

• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for August.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are down 14 and DOW futures are down 143 (fair value).

Oil prices were up over the last week with WTI futures at $53.22 per barrel and Brent at $58.53 barrel.  A year ago, WTI was at $70, and Brent was at $74 - so oil prices are down about 20% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.58 per gallon. A year ago prices were at $2.83 per gallon, so gasoline prices are down 25 cents year-over-year.