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Tuesday: NY Fed Mfg

Weekend:
Schedule for Week of January 15, 2023

Tuesday:
• 8:30 AM: The New York Fed Empire State manufacturing survey for January. The consensus is for a reading of -8.7, up from -11.2.

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

Oil prices were up over the last week with WTI futures at $78.85 per barrel and Brent at $84.06 per barrel. A year ago, WTI was at $84, and Brent was at $79 – so WTI oil prices are DOWN 6% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.29 per gallon. A year ago, prices were at $3.27 per gallon, so gasoline prices are up $0.02 per gallon year-over-year.

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