Thursday, 3 September 2015

WTI Crude Pared Almost All Gains As Inventories Rise Again-MarketMagnify

• US Equity markets opened strong on higher ADP employment data

• Chinese authorities initiate investigations into wild swings in stock markets recently

• US Rig Count fell 1st time to 877 after seven straight weekly increases

• US Weekly Crude oil inventories added 4.7 mn bl to record stocks

• Friday’s Employment data holds cue for Sep FOMC meet.

• SPDR gold trust add almost 5 tons, increasing holding to 682 tons

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