Sunday, 3 January 2016

Sunday Night Futures

Weekend:
Schedule for Week of January 3, 2016

Question #6 for 2016: Will real wages increase in 2016?

December 2015: Unofficial Problem Bank list declines to 250 Institutions, Q4 2015 Transition Matrix

Monday:
• At 10:00 AM ET, ISM Manufacturing Index for December. The consensus is for the ISM to be at 49.2, up from 48.6 in November. The ISM manufacturing index indicated contraction at 48.6% in November. The employment index was at 51.3%, and the new orders index was at 48.9%.

• Also at 10:00 AM, Construction Spending for November. The consensus is for a 0.7% increase in construction spending.

From CNBC: Pre-Market Data and Bloomberg futures: currently S&P futures are down 7 and DOW futures are down 55 (fair value).

Oil prices were mixed over the last week with WTI futures at $37.50 per barrel and Brent at $37.87 per barrel.  A year ago, WTI was at $53, and Brent was at $55 - so prices are down over 30% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at close to $1.99 per gallon (down about $0.20 per gallon from a year ago).

from Calculated Risk http://ift.tt/1kDUl0K
via YQ Matrix

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