Calculated Risk: Sunday Night Futures

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by Calculated Risk on 12/12/2021 07:24:00 PM

Weekend:
• Schedule for Week of December 12, 2021

• FOMC Preview: Accelerated Taper Announcement Expected

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 10 and DOW futures are up 90 (fair value).

Oil prices were up over the last week with WTI futures at $72.55 per barrel and Brent at $75.92 per barrel. A year ago, WTI was at $47, and Brent was at $50 – so WTI oil prices are up 50% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.32 per gallon. A year ago prices were at $2.14 per gallon, so gasoline prices are up $1.18 per gallon year-over-year.

This article appeared firshere

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