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Weekend:
• Schedule for Week of July 23, 2023
• FOMC Preview: Likely 25bp Rate Hike
Monday:
• 8:30 AM ET, Chicago Fed National Activity Index for June. This is a composite index of other data.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 and DOW futures are down slightly (fair value).
Oil prices were up over the last week with WTI futures at $77.07 per barrel and Brent at $81.07 per barrel. A year ago, WTI was at $98, and Brent was at $107 – so WTI oil prices are down about 20% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.56 per gallon. A year ago, prices were at $4.35 per gallon, so gasoline prices are down $0.78 per gallon year-over-year.
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