Following the Stopping Point & Balance, 97s-96.40s, initiated buying entered, driving price higher, achieving the Stopping Point, 98.25s, at/near the Wkly 1st Std Dev High. The market balanced, closing the week at/near 97.85s.
Graphics
- Commodities Since Peaks. (Reuters/Catherine Trevethan)
- Recent Asset Performance. (Bespoke)
- Stock & Bond Flows In Japan. (Reuters/Catherine Trevethan)
Central Banks
- Emerging Market Crunch May Cause Fed Pause. (Reuters)
- Brazil Fights Currency War With Derivatives, Now Losing Reserves. (Telegraph)
Geopolitics
- US To Give Military Aid To Syrian Rebels. (RT)
- Maneuver In "The Commons". (Diplomat)
- Egypt Cuts Relations With Syria. (AP)
- Cyberwar, US-China Theater. (RT)
- Hassan Rowhani Wins Iran Election. (AP)
Supply/Demand & Markets
- US Oil Production Rose On Shale, Sayeth BP. (Bloomberg)
- Oil By Rail Suffers First Slowdown. (Reuters)