Sunday, January 24, 2021

Sunday Night Futures

by Calculated Risk on 1/24/2021 09:07:00 PM

Weekend:
Schedule for Week of January 24, 2021

FOMC Preview

Monday:
• At 8:30 AM ET, Chicago Fed National Activity Index for December. This is a composite index of other data.

• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for January.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 6 and DOW futures are up 60 (fair value).

Oil prices were unchanged over the last week with WTI futures at $52.28 per barrel and Brent at $55.36 barrel. A year ago, WTI was at $54, and Brent was at $59 - so WTI oil prices are down about 5% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.39 per gallon. A year ago prices were at $2.54 per gallon, so gasoline prices are down $0.15 per gallon year-over-year.