Sunday, November 08, 2020

Sunday Night Futures

by Calculated Risk on 11/08/2020 07:42:00 PM

Weekend:
Schedule for Week of November 8, 2020

GDP and Employment drag from State and Local Governments

Monday:
• At 2:00 PM ET, Senior Loan Officer Opinion Survey on Bank Lending Practices for October.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 34 and DOW futures are up 270 (fair value).

Oil prices were down over the last week with WTI futures at $37.83 per barrel and Brent at $40.11 barrel. A year ago, WTI was at $57, and Brent was at $62 - so WTI oil prices are down over 30% 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 $2.64 per gallon, so gasoline prices are down $0.55 per gallon year-over-year.