Market Sentiment Watch: Market eyes on Yellen tomorrow. In today's post please find the oil inventory review ( a) headline crude build gets the attention but that's largely a one week bump in imports and as previously noted build are normal this time of year, b) Lower 48 production off sharply after a one week blip up to make EIA's various models jive, c) product demand remains strong), the natural gas preview (looking for a record low for this week of the year), comments and an updated pro forma cheat sheet on PDCE, and some other odds and ends.
- We get jobless claims at 8:30 am EST (F = 265,000, last week was 262,000),
- We get Durable Goods at 8:30 am EST (F = 3.5%, last read was -3.9%),
- We get Markit Services PMI (flash) at 9:45 am EST (no forecast, last read was 51.4).
In Today’s Post:
- Holdings Watch
- Commodity Watch
- Oil Inventory Review
- Stuff We Care About Today - PDCE
- Odds & Ends
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