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Sunday, December 11, 2022

Sunday Night Futures

by Calculated Risk on 12/11/2022 06:13:00 PM

Schedule for Week of December 11, 2022

FOMC Preview: 50bp Hike, Increase "Terminal Rate"

• No major economic releases scheduled.

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

Oil prices were down over the last week with WTI futures at $71.02 per barrel and Brent at $76.10 per barrel. A year ago, WTI was at $71, and Brent was at $74 - so WTI oil prices are unchanged year-over-year.

Here is a graph from for nationwide gasoline prices. Nationally prices are at $3.21 per gallon. A year ago, prices were at $3.33 per gallon, so gasoline prices are down $0.12 per gallon year-over-year.