14-19Sep Auction
As noted in last week's analysis, focus on response to
91.25s-91.80s into this week's auction was key
as buying interest emerged there after sellside clearing of stops. Price
discovery higher occurred the remainder of the week, achieving the Weekly
Stopping Point High, 93.85s, near the Apr-Sep Lowest POC. Focus on response to
Low Usage Resistance, 94.80s-96.80s, overhead into next week's auction.
21-26Sep Auction
Central Banks
- NY Fed & Oversight. (NY Post)
- German Exception To Debt. (WSJ)
Geopolitics
- Russia & Ukraine Move Toward Interim Gas Deal Before Winter. (Bloomberg)
- EU Moving The GDP Goalpost. (WSJ)
- China & Iran Prepare For Joint Military Exercise. (China Money Report)
- A Look Inside The Secret Deal With Saudi Arabia That Unleashed The Syrian Bombing. (Zerohedge)
Supply/Demand & Markets
- Russia & OPEC Production In A Slump, But Likely A Phase. (Quartz)