Sunday Night Futures
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Weekend:
• Schedule for Week of April 28, 2024
Monday:
• At 10:30 AM ET, *Dallas Fed Survey of Manufacturing Activity* for April.
From CNBC: Pre-Market Dat...
2021-11-29
Crude Determines the Taper
Crude should have an easy time getting back to around $76 per barrel if Friday was a flash in the pan or if there's a strong rebound ahead of potentially more selling. Longer-term, crude oil is highly correlated with the CPI. The Fed will be forced to taper more quickly if crude moves to new highs.
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