Sunday, June 14, 2020

Sunday Night Futures

by Calculated Risk on 6/14/2020 07:30:00 PM

Weekend:
Schedule for Week of June 14, 2020

Monday:
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for June. The consensus is for a reading of -27.5, up from -48.5.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 42 and DOW futures are down 375 (fair value).

Oil prices were down over the last week with WTI futures at $35.70 per barrel and Brent at $38.32 barrel.  A year ago, WTI was at $53, and Brent was at $67 - so WTI oil prices are down about 33% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.09 per gallon. A year ago prices were at $2.68 per gallon, so gasoline prices are down $0.59 per gallon year-over-year.