The hottest NYMEX crude oil closed, US data blosso

(NYMEX crude oil closing) U.S. data bloomed, and crude oil prices rebounded on Tuesday. This study began to layout since 1997

(NYMEX crude oil closing) U.S. data bloomed, and crude oil prices rebounded on Tuesday

April 17, 2013

[China paint information] Abstract: the United States released better housing starts data, and industrial output data exceeded expectations. At the same time, inflation data was low, oil demand prospects rose, and oil prices rebounded. Crude oil futures peaked at $88.94 per barrel and fell as low as $86.06 per barrel, up $0.1 to close at $88.72 per barrel, up 0.01%

trend description on Tuesday (April 16):

the United States released better housing starts data and industrial output data than expected. At the same time, inflation data was low, oil demand prospects were rising, and oil prices rebounded

nymex may crude oil futures hit a peak of $88.94 per barrel and a minimum of $86.06 per barrel, up $0.1 to close at $88.72 per barrel, up 0.01%

positive factors of Fundamentals:

1 Data released by the US Department of Commerce (DOC) on Tuesday showed that the annualized total number of new housing starts in the US in March hit the highest level since the financial crisis, indicating that the recovery of the US real estate market is stimulating economic growth. Data showed that the monthly annualized rate of new housing starts in the United States rose by 7.0% in March, with a total of 1.04 million households annualized, the highest level since June 2008. The market is expected to be 93000 households. At the same time, the construction of new houses in February was significantly revised up to 968000 households, with an initial value of 933000 households

2. Data released by the U.S. Department of labor (DOL) on Tuesday showed that the U.S. consumer price index (CPI) fell slightly in March due to the decline in gasoline and other energy commodity prices. Data showed that the monthly rate of consumer price index in the United States fell by 0.2% in March, which is expected to be flat; Excluding food and energy, the monthly rate of core CPI rose by 0.1% and is expected to rise by 0.2%

3. Data released by the Federal Reserve (FED) on Tuesday showed that although the US capacity utilization rate fell in March, the growth of industrial output still exceeded expectations. The data shows that the United States has attracted the attention of aerospace, ordnance industry, new energy vehicles and other enterprises. In March, the monthly rate of industrial output increased by 0.4% and is expected to increase by 0.2%; It increased by 0.7% in February. The Federal Reserve pointed out that the output of public utilities increased by 5.3% in March, as the unexpected cold weather led to higher heating demand

fundamentals negative factors:

1 The data released by ZEW, the German Institute of European economics, on Tuesday (April 16) showed that Germany's ZEW Economic Climate Index fell sharply in April, which was less than expected for the formation and structural transformation of polylactic acid electrospun fibers. Data showed that Germany's ZEW Economic Climate Index fell 12.2 to 36.3 in April, but this level is still the third highest level in nearly 24 months. The market expectation is 42.0

analysis of technical pattern:

daily K-line chart shows that NYMEX April crude oil futures closed at the great Yin line with upper and lower shadow lines. The oil price is below the 5 average, the red kinetic energy column of MACD index expands, and KDJ index falls

Tony Nunan, risk control manager of Mitsubishi Corp, said: "the fundamentals at the beginning of the year were not strong, but all market participants were bullish. However, over time, views have become more and more bearish, and I think China's data has become the last nail on the board."

focus on Wednesday

household consumer confidence index in Japan in March

ZEW Economic Status Index in Switzerland in April

ZEW investor confidence index in Switzerland in April

changes in U.S. EIA crude oil inventories last week

the Bank of England released the minutes of the April monetary policy committee meeting

Brad, chairman of the Federal Reserve of St. Louis, made a speech on U.S. economic and monetary policy at the 22nd Hyman P. Minsky annual meeting of the levy Institute

Canada The monetary policy meeting of the central bank and announced the interest rate decision

IMF releases the annual global financial system risk report

European Central Bank President Draghi will participate in the debate on the annual report of the European Central Bank held by the European Parliament locally