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Sunday Night Futures

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Weekend:
Schedule for Week of August 21, 2022

Monday:
• At 8:30 AM ET, Chicago Fed National Activity Index for July. This is a composite index of other data.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 11 and DOW futures are down 63 (fair value).

Oil prices were down over the last week with WTI futures at $89.62 per barrel and Brent at $95.60 per barrel. A year ago, WTI was at $62, and Brent was at $66 – so WTI oil prices are up 45% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.86 per gallon. A year ago, prices were at $3.14 per gallon, so gasoline prices are up $0.72 per gallon year-over-year.

Used Vehicle Wholesale Prices Decreased 3.6% in First Half of August; Goldman Sees Sharp Decline in User Car PCE Inflation

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