TUESDAY 8/9/16; RBI Policy Decision; Pound (Sterling) Under 1.30; Spain 10-Year Yield Under 1%; COH; EXC; LNG; MWW; MYL; NRG; RRGB; WWAV; Wholesale Trade; European Indexes Rally; DAX Up +2.5% in Bull Market; 3-Year Note Auction; Natural Gas Crashes -5%; DIS; FOSL; YELP

Australia and Asia indexes begin the session trading higher. The NIKK is up +0.2% at 16679. The SPASX200 is up +0.1% to 5539. The KOSPI is up +0.2% to 2036. Singapore markets are closed for a holiday.

[Text is Redacted: Purchase August 2016-08 to Read the Complete Chronology]

API Oil Inventories are up the most in three months. Stockpiles are a 2.1 million barrel build when a 1 million barrel drawdown was expected. Oil prices sink on the higher supply. WTIC oil 42.30. Brent oil 44.76.

Treasury yields are; 2-year 0.71%, 5-year 1.11%, 10-year 1.55%, 30-year 2.26%.