Sunday Night Futures - InvestingChannel

Sunday Night Futures

Weekend:
Schedule for Week of March 14, 2021

FOMC Preview

Monday:
• 8:30 AM ET, The New York Fed Empire State manufacturing survey for March. The consensus is for a reading of 14.5, up from 12.1.

• 10:00 AM, State Employment and Unemployment (Monthly) for January 2021

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 4 and DOW futures are up 75 (fair value).

Oil prices were down over the last week with WTI futures at $65.91 per barrel and Brent at $69.48 per barrel. A year ago, WTI was at $29, and Brent was at $28 – so WTI oil prices are UP more than double year-over-year (oil prices collapsed at the beginning of the pandemic).

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.86 per gallon. A year ago prices were at $2.21 per gallon, so gasoline prices are up $0.65 per gallon year-over-year.

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