by Calculated Risk on 1/30/2022 08:28:00 PM
Weekend:
o Schedule for Week of January 30, 2022
Monday:
o At 9:45 AM ET, Chicago Purchasing Managers Index for January. The consensus is for a reading of 61.7, down from 64.3 in December.
o At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for January. This is the last of the regional Fed manufacturing surveys for November.
o At 2:00 PM, Senior Loan Officer Opinion Survey on Bank Lending Practices for January.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are down 15 and DOW futures are down 100 (fair value).
Oil prices were up over the last week with WTI futures at $86.82 per barrel and Brent at $90.03 per barrel. A year ago, WTI was at $52, and Brent was at $55 – so WTI oil prices are up about 65% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.35 per gallon. A year ago prices were at $2.41 per gallon, so gasoline prices are up $0.94 per gallon year-over-year.
