Sunday, September 15, 2019

Sunday Night Futures

by Calculated Risk on 9/15/2019 07:43:00 PM

Weekend:
Schedule for Week of September 15, 2019

FOMC Preview

Monday:
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for September. The consensus is for a reading of 4.9, up from 4.8.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are down 11 and DOW futures are down 88 (fair value).

Note: Oil futures are up about 10% following the attack on the Saudi oil facilities.  Oil prices were up over the last week with WTI futures at $60.84 per barrel and Brent at $67.85 barrel.  A year ago, WTI was at $69, and Brent was at $78 - so oil prices are down about 15% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.55 per gallon. A year ago prices were at $2.85 per gallon, so gasoline prices are down 30 cents year-over-year.