Oil Rises as Ebbing U.S. Jobless Claims Bolster Outlook – Bloomberg 08-09-12

Salient to Investors:

Jason Schenker at Prestige Economics sees positive growth signals, says the trade number signals Q2 GDP will be revised higher.

Guy Wolf at Marex Spectron said for the market all that matters is the prospect of central bank monetary stimulus, so soft growth data, without inflationary pressure, is a green light for central banks. Further stimulus in China is almost a certainty.

Read the full article at http://www.bloomberg.com/news/2012-08-09/oil-rises-as-ebbing-u-s-jobless-claims-bolster-economic.html