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Natural Gas Fundamental Analysis September 16, 2013 ForecastAnalysis and Recommendations: Natural Gas eased by 15 pips after climbing on Thursday after EIA inventory surprised traders. Natural gas is holding at 3.624. U.S. natural gas futures ended higher on Thursday as smaller than expected rise in inventories which came at 65B supported prices. Mild weather forecasts for the next week and tropical activity in Atlantic basin is likely to keep prices in range. Front-month gas futures on the New York Mercantile Exchange ended up 7.1 cents, or 2 percent, at $3.638 per million British thermal units.
Gas prices rose on Thursday as a tropical depression in the southern Gulf of Mexico strengthened, prompting the closure of two top oil export terminals. Weather patterns in the US are also supporting the rise in prices as the warm spell continues across the US.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.
Economic Data September 13, 2013 actual v. forecast
Upcoming Economic Events that affect the CHF, EUR, GBP, CAD and USD
Government Bond Auction
Date Time Country
Sep 16 09:00 Slovakia
Sep 16 09:10 Norway
Sep 17 08:30 Spain
Sep 17 09:30 Belgium
Sep 18 09:10 Sweden
Sep 18 09:30 Germany
Sep 18 09:30 Portugal
Sep 19 08:30 Spain
Sep 19 08:50 France
Sep 19 09:30 UK
Sep 19 09:50 France
Sep 19 15:00 US
Sep 19 17:00 US
Sep 20 15:30 Italy
WEEKLY
Natural Gas Weekly Update
Release Schedule: Thursday between 2:00 and 2:30 p.m. (Eastern Time)
Weekly Natural Gas Storage Report
Release Schedule: Thursday at 10:30 (Eastern Time) (schedule)
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