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Sunday, July 30, 2023

Sunday Night Futures

by Calculated Risk on 7/30/2023 06:30:00 PM

Weekend:
Schedule for Week of July 30, 2023

Monday:
• 9:45 AM ET, Chicago Purchasing Managers Index for July.

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

• 2:00 PM, Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) for July.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 6 and DOW futures are up 29 (fair value).

Oil prices were up over the last week with WTI futures at $80.58 per barrel and Brent at $84.99 per barrel. A year ago, WTI was at $101, and Brent was at $112 - 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 $3.71 per gallon. A year ago, prices were at $4.19 per gallon, so gasoline prices are down $0.48 per gallon year-over-year.