Yesterday BHP Billiton increased by 2.98%, ended the session at $56.67

Yesterday at a glance: pronounced bullish sentiment in the market helped the mining, metals and petroleum multinational to make a notable 2.98% gain yesterday, rising $1.64 and ultimately closing at $56.67.

BHP Billiton's uptick comes amid disappointing United States macroeconomic data released during the session – highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%.

At the same time, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

The mining, metals and petroleum multinational has fallen back around 23.14% over the past 11 months, from a notable high of $71.6.