It is the 30th of March 2017

News

And Now Fake Consumer Confidence Too: Gallup Says Confidence In The Economy "Tumbled"

It appears we can now add "consumer confidence" to fake news trash heap.

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RBOB Tumbles After Lower Than Expected Gasoline Draw

After an early spike on Libya production fears and OPEC production cut extension hope, WTI and RBOB faded all day on dollar strength ahead of the API data. The trend of builds in Crude and draws in gasoline and distillates continued but the gasoline draw was notably less than expected and has sparked selling in RBOB.

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Top Turkish Banker Arrested At JFK Airport Over Massive Gold Money-Laundering Scheme

If Turkish president Erdogan needed one more reason to go ballistic in his daily comparisons of western leaders to Hilter and the Nazis, he got it this morning when a top executive at Halkbank, one of Turkey’s largest state-owned banks was arrested at JFK airport on charges of conspiring with an Iranian-Turkish financier who is awaiting trial for using his network of companies to circumvent Iranian sanctions.

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