Midweek News 18Sep

Source: EIA (Sep 2013)

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Central Banks

  • Surprise, Surprise, Surprise: No Taper. (Reuters)
  • Global Credit Excess Worse Than Pre-Lehman, Sayeth BIS Veteran. (Telegraph)
  • Asian Fund Outflows Muted In Spite Of Taper Concerns. (Reuters)

Geopolitics

  • Assad Vows To Destroy Chemical Weapons. (RT)
  • Libya In Disarray. (RT)

Supply/Demand & Markets

  • API: -250k v -1.4mil exp. (Reuters)
  • EIA: -4.4mil v -1.2mil exp.  (EIA)
  • Increasing Middle East Energy Consumption, Effects On Export. (Platts)
  • Tight Oil Potential Outside US Huge, Bigger Costs, Sayeth IHS. (Reuters)

HFT/Algo

  • Trading Bots Create Extreme Events Faster Than Human Reaction. (Ars Technica)