Sunday, July 12, 2020

Sunday Night Futures

by Calculated Risk on 7/12/2020 06:39:00 PM

Weekend:
Schedule for Week of July 12, 2020

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 20 and DOW futures are up 199 (fair value).

Oil prices were down over the last week with WTI futures at $40.25 per barrel and Brent at $42.93 barrel.  A year ago, WTI was at $57, and Brent was at $64 - so WTI oil prices are down about 30% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.19 per gallon. A year ago prices were at $2.79 per gallon, so gasoline prices are down $0.60 per gallon year-over-year.