The disappointing data via the Average Hourly Earnings sets the stage for important inflation statistics which will be delivered with the publication of the Consumer Price Index figures tomorrow. The Federal Reserve certainly remains a talking point among traders, who question how many times the U.S central bank will be able to raise interest rates this calendar year. After being under pressure much of last week and since the beginning of March, the commodity jumped above 62.00 U.S Dollars a barrel and may be ready to resume a test of higher values within its mid-term range.