The US Energy Information Administration reported today that US supplies of natural gas decreased by 50 billion cubic feet for the week ended December 9 from -21 bcf in the previous week, and above analysts’ estimates of -45 billion cubic feet.
NATGAS saw relatively small reaction to today’s EIA report and is testing 50 SMA (green line). Source: xStation5
BREAKING: University of Michigan Reading Below Expectations!
Economic calendar: Retail sales from Canada; UoM data from the US
Yen holds its breath ahead of the Bank of Japan; are we in for the first rate hike since January❓
ECB conference (LIVE)