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Sunday Night Futures

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Panorama of a city business district with office buildings and skyscrapers and superimposed data, charts and diagrams related to stock market, currency exchange and global finance. Blue line graphs with numbers and exchange rates, candlestick charts and financial figures fill the image with a glowing light. Sunset light.

by Calculated Risk on 8/15/2021 06:21:00 PM

Weekend:
o Schedule for Week of August 15, 2021

Monday:
o At 8:30 AM ET, The New York Fed Empire State manufacturing survey for August. The consensus is for a reading of 29.0, down from 43.0.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 6 and DOW futures are down 53 (fair value).

Oil prices were down over the last week with WTI futures at $68.12 per barrel and Brent at $70.29 per barrel. A year ago, WTI was at $43, and Brent was at $45 – so WTI oil prices are UP over 50% 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 $3.18 per gallon. A year ago prices were at $2.16 per gallon, so gasoline prices are up $1.02 per gallon year-over-year.

August 15th COVID-19: 2nd Worst Wave Continues

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