The EIA predicts that US natural gas production will continue to rise until 2050. According to the US Energy Information Administration, US natural gas production is expected to increase through 2050 due to rising demand from US natural gas exports, particularly for liquefied natural gas. The EIA forecasts a nearly 25% increase in annual US […]
Despite rising global prices, the price of natural gas in the United States is falling due to warmer forecasts. Natural gas futures in the United States fell on Monday as forecasts for less cold weather and lower heating demand next week eased. Despite rising global oil and gas prices, demand for US liquefied natural gas […]
European Forex news roundup: The euro continues to struggle in mixed trading. The atmosphere is tepid and uneven today, as the Russia-Ukraine conflict clouds continue to hang over markets. The upbeat tone from yesterday has faded, but there are no indications of larger concerns in the action thus far. European indices are mainly down, with […]
Gas prices rose more than 35% today, Monday, despite the Russian company Gazprom’s confirmation that it will continue to supply gas to its customers in Europe through Ukraine. The surge in prices comes in conjunction with the Russian-Ukrainian war entering its fifth day, amid fears of supply disruptions due to the escalation of Western sanctions […]
Euro zone inflation doesn’t require significant policy tightening, ECB’s Lane says As pandemic-related bottlenecks in goods and labor are removed, euro zone inflation will return to trend without considerable policy tightening by the European Central Bank, according to the ECB’s top economist Philip Lane. Lane was maintaining his long-held belief that the euro zone’s current, […]
European Forex news roundup: The dollar rises slightly, but US futures point downward It was a rather calm session, as markets appear to be more cautious following Wall Street’s dramatic recovery late yesterday. Since Asian trading, US futures have been trending lower, and they have remained so throughout European morning trade. As a result, the […]
European Forex news roundup: The Australian dollar maintains rises following a good jobs report. Forex news from the European morning session on Jan 20, 2022 It was a mostly calm session, with few headlines and few important economic releases to work with. The dollar is remaining somewhat mixed, but it was somewhat slow earlier on […]
EUROPEAN EQUITIES ARE POSITIONED FOR GROWTH , STOXX DEEPER DOWN IN THE RED FOR 2022 According to a BofA survey, investors regard monetary tightening as the most important risk to markets, beating out COVID and inflation as the top anticipated concerns. Nonetheless, according to BofA, investor optimism remained unaffected by central bank tightening intentions. According […]
European Forex news roundup: USD/JPY falls from highs as Treasury rates remain unchanged The latest forex news from the European market session on January 5, 2022. The market is still contemplative as we await US ADP statistics and the FOMC meeting minutes later today. European stocks are holding steady with modest increases, while US futures […]