Quick Overview

• The Institute of Supply Management's index of U.S. services rose from 59.7 to 60.7
  

• The Bank of England increased its interest rate from 5.50% to 5.75%,
  

• Retail sales volume was up 0.4% in the Euro zone.
  

• The U.S. Department of Energy said that:
• Supplies of crude oil rose 3.1 million barrels to 354.0 million barrels.
  Supplies of gasoline rose 1.8 million barrels
  Supplies of heating oil rose 300,000 barrels.
  Gasoline demand was up 1.2% YoY
  Distillated demand was up 3.4% YoY.