Weekend News 24Aug

The market began this week with Balance, 106.60s-107.70s, around last week's Settlement, 107.30s, before sell programs entered, driving price lower into midweek, achieving the Wkly Stopping Point Low, 103.50s, at/near the multi-week Structural Support. 

The market balanced, 103.50s-104s, as buy programs entered, driving price higher into week's end, achieving the Stopping Point, 106.95s, closing at/near 106.40s. 

Graphics

• Asia's Crude Imports From Iran. (Reuters/Catherine Trevethan)
• China PMI & Industrial Output. (Reuters/Catherine Trevethan)
• Taper Risk In Stocks, Not Bonds? (Zerohedge)

Central Banks

• Fed Policy "Under Fire" At Jackson Hole Confab. (Reuters)
• Dollar's Weak Trajectory As China & Japan Dump Treasuries.  (Reuters)

Geopolitics

• US Readies Possible Missile Strike Against Syria. (RT)
• IMF Chief Warns Of QE Tapering Risks. (Telegraph)

Supply/Demand & Markets 

• Mexico's President Courts Big Oil With End To State Monopoly. (Businessweek)
• Q2 Calls Highlight Permian's Prospectivity. (Platts)