NOTE: Follow on threads at calculatedriskblog
Weekend:
• Schedule for Week of July 9, 2023
Monday:
• No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 and DOW futures are down slightly (fair value).
Oil prices were up over the last week with WTI futures at $73.51 per barrel and Brent at $78.13 per barrel. A year ago, WTI was at $107, and Brent was at $114 – so WTI oil prices are down about 30% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.50 per gallon. A year ago, prices were at $4.68 per gallon, so gasoline prices are down $1.18 per gallon year-over-year.