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Sunday, July 28, 2019

Sunday Night Futures

by Calculated Risk on 7/28/2019 07:44:00 PM

Weekend:
Schedule for Week of July 28, 2019

Monday:
• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for July. This is the last of the regional surveys for July.

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

Oil prices were down over the last week with WTI futures at $56.04 per barrel and Brent at $63.15 barrel.  A year ago, WTI was at $69, and Brent was at $75 - so oil prices are down about 15%to 20% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.72 per gallon. A year ago prices were at $2.85 per gallon, so gasoline prices are down about 5% year-over-year.