Midweek News 09Jan

Source: EIA (Jan 2013)

Graphics

• World Markets. (Bespoke)
• Transports, All Time Highs. (Bespoke)

Central Banks

• Fiat Currency, A History. (Daily Reckoning)
• Romania Resists Currency Debasement, Holds Rates Unchanged.... (FT Beyond BRICs)
• Banks Win 4yr Delay As Basel Rules Extended/Loosened. (Bloomberg)
• Sterling Crisis Looms As UK Current Account Deficit Balloons. (Telegraph)

Geo-Politics

• Secrets & Lies Of The Bailout. (Matt Taibbi/Rolling Stone)
• US Banks To Pay $8.5bil To Settle Foreclosure Flaws. (Bloomberg)
• John Brennan Nominated For CIA Director. (Bloomberg)

Supply/Demand & Markets

• API: +2.4mil v +1.5mil exp. (Reuters)
• EIA: +1.3mil v +2.mil exp. (EIA)
• US Carbon Emissions In 2012 Lower Than 2007 Due To Fracking, Sayeth Reason. (Reason)