27Jul-01Aug Auction
As noted in
last week's analysis, focus on response to the Stopping Point Low into this
week's auction was key as minor range extension lower to 96.55s occurred where
buying interest emerged, developing Balance through the week. The 5 day
Balance, 96.50s-98.75s, has formed a d shape structure, implying the potential
for directional activity. Focus on response to Balance Area edges,
98.75s/96.55s, into next week's auction. 
Graphics
- Bank Settlements Related To Credit Crises. (WSJ)
- America's New Workforce. (Economist)
Central Banks
- ECB Introductory Statement. (ECB)
- Oil And Gas Company Debt Soars. (Telegraph)
Geopolitics
- Goldman & JPMorgan In Senate's Crosshairs Over Commodity Holdings. (Reuters)
- Mexico's Energy Reforms Opens Sector To Private Investors. (Oil & Gas Post)
Supply Demand & Markets
- Diverging US & Global Market Fundamentals Cause WTI & Brent Prices To Converge. (EIA)
- Big Data Systems Used By US Intelligence Now Used By American Investment Banks To Monitor Portfolios. (Matthew Aid)