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Sunday, October 29, 2023

Sunday Night Futures

by Calculated Risk on 10/29/2023 07:30:00 PM

Weekend:
Schedule for Week of October 29, 2023

FOMC Preview: No Change to Policy Expected

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

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 10 and DOW futures are up 30 (fair value).

Oil prices were down over the last week with WTI futures at $84.46 per barrel and Brent at $89.39 per barrel. A year ago, WTI was at $88, and Brent was at $95 - so WTI oil prices were down 5% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.44 per gallon. A year ago, prices were at $3.72 per gallon, so gasoline prices are down $0.28 year-over-year.