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Sunday Night Futures

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by Calculated Risk on 11/13/2022 08:13:00 PM

Weekend:
o Schedule for Week of November 13, 2022

Monday:
o No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 11 and DOW futures are down 70 (fair value).

Oil prices were down over the last week with WTI futures at $88.96 per barrel and Brent at $5.99 per barrel. A year ago, WTI was at $81, and Brent was at $83 – so WTI oil prices are up 10% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.78 per gallon. A year ago, prices were at $3.40 per gallon, so gasoline prices are up $0.38 per gallon year-over-year.

The Fed: Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’

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