In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here.

Sunday, December 16, 2012

Sunday Night Futures

by Calculated Risk on 12/16/2012 08:47:00 PM

On Monday, at 8:30 AM ET, the NY Fed will release the Empire State Manufacturing Survey for December. The consensus is for a reading of 0, up from minus 5.2 in November (below zero is contraction).

Weekend:
Summary for Week Ending Dec 14th
Schedule for Week of Dec 16th

The Asian markets are mixed tonight, with the Nikkei up 1.5% following the election of the new government: Japan’s new government to get aggressive

From CNBC: Pre-Market Data and Bloomberg futures: the S&P futures are up 7 and DOW futures are up 60.

Oil prices still moving sideways with WTI futures at $86.88 per barrel and Brent at $108.23 per barrel. Gasoline prices are now near the low for the year.

Here is a graph from Gasbuddy.com showing the roller coaster ride for gasoline prices. If you click on "show crude oil prices", the graph displays oil prices for WTI, not Brent; gasoline prices in most of the U.S. are impacted more by Brent prices.

Quick charts:   1 Month | 3 Month | 6 Month | 9 Month | 1 Year | 18 month | 2 Years | 3 Years | 4 Years | 5 Years | 6 Years
pricechart
Customize price charts
Area 1:Time Period:US $/G
Area 2:Show Crude Oil PriceCanadian c/L
Area 3:

Orange County Historical Gas Price Charts Provided by GasBuddy.com

Two more questions this week for the December economic prediction contest (Note: You can now use Facebook, Twitter, or OpenID to log in).