Crude oil price rebounds to 67.8 after declining for 2 consecutive days. Recovery in stock markets and weakness in dollar do help push commodity prices higher. After market close, the industry sponsored American Petroleum Institute (API) will report oil inventory last week and this should allow investors to gauge the demand/supply condition. Economic data released in Europe lifted market sentiment. In the UK, headline CPI rose +1.8% yoy in July, higher than consensus of +1.5%. In June, the annual growth was also +1.8%. Excluding food and energy prices, the core inflation also grew +1.8% after rising +1.6% in June.....Complete Story
How to Use Money Management Stops Effectively
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