Sunday, August 30, 2020

Sunday Night Futures

by Calculated Risk on 8/30/2020 06:43:00 PM

Weekend:
Schedule for Week of August 30, 2020

Monday:
• At 10:30 AM ET, Dallas Fed Survey of Manufacturing Activity for August. This is the last of the regional Fed surveys for August.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 8 and DOW futures are up 88 (fair value).

Oil prices were up over the last week with WTI futures at $43.01 per barrel and Brent at $45.90 barrel. A year ago, WTI was at $55, and Brent was at $61 - so WTI oil prices are down about 20% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.22 per gallon. A year ago prices were at $2.56 per gallon, so gasoline prices are down $0.34 per gallon year-over-year.