Daily Archives: August 30, 2015

Sunday Morning Note (Aug 30, 2015) …

Sunday Morning Note ...(Background on the source and purpose of the Sunday Morning Note is here.)

As usual, we start with this past week’s data.  After opening the week very roughly on the back of data indicating continued problems with Chinese demand, oil prices recovered sharply by the end of the week to close higher not only compared with the lows encountered at the start of the current week, but also even from the first of the month.

Here is the chart reflecting the closing prices this past Friday (an explanation of the source of the data is here); :

Sunday Note (8.30.2015)

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