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United States EIA Crude Oil Stocks Change came in at -3.029M below forecasts (-1.1M) in August 1

US President Trump issues executive order imposing additional 25% tariff on India

The White House announced on Wednesday that United States (US) President Donald Trump issued an executive order, imposing an additional 25% tariff on goods from India, per Reuters.
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US: Trend employment growth shifts lower – Standard Chartered

Immigration crackdown suggests much lower US trend employment growth than in the last few years. We estimate that the new equilibrium for monthly job growth is 100k. Recent NFP softness suggests that the labour market is now likely in excess supply, Standard Chartered's Economist Dan Pan reports.
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