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US Boost West African Crude Imports


Crude Bearish Trend Resume


Rising Yields Weigh On Stocks


Continuing to adjust to US CPI


May Mining Production Falls 7.8% YoY

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RISK: On risk appetite, the CBOE's volatility index or VIX was last at 10.50, in
the middle of a 10.33 to 10.86 range.
- The VIX high of 17.28, seen August 11 at the peak of U.S.-North Korea
tensions, was the highest since Nov. 9, the day after the U.S. election, when
the VIX peaked at 21.48. The 2017 high was 23.01, seen Nov. 4 ahead of the
- In August and now also in September, the VIX has traded both sides of its
200-day moving average, currently at 11.59.
- The July 26 low of 8.84 was a new life-time intraday VIX low (prior life-time
intraday low was 8.89, seen Dec. 27, 1993).

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