Midweek News 24Oct

Source: EIA (October 2012)

Graphics

• China Flash PMI: Work In Progress.  (FT Beyond BRICs)

Central Banks

• Bernanke Wants To Resign? (RT)
• China Grasps Value Of Gold, Even If US Doesn't. (RollCall)
• German Suspicions About Foreign Stored Gold. (FT Alpha)

Geo-Politics

• Iran Will Stop Oil Exports If US Imposes More Sanctions. (Platts)
• Labeling China A Currency Manipulator Poses Risk. (NYT)
• Rewrite Basel III Capital Rules, Sayeth US Banks. (Businessweek)

Supply/Demand & Markets

• API: +300k v +1.9mil exp. (Reuters)
• EIA: +5.9mil v +1.8mil exp. (EIA)
• The Folly Of Energy Independence. (American Interest)