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Sunday Night Futures

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

o Schedule for Week of August 15, 2021

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 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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