The US Energy Information Administration reported today that domestic supplies of natural gas decreased by -81 billion cubic feet for the week ended February 24 from -71 bcf in the previous week, and below analysts’ estimates of -75 billion cubic feet.
NATGAS price saw relatively small reaction to today’s release and continues to hover arouns $2.80 mark. Source: xStation5
Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge
EURUSD loses ground ahead of NFP
BREAKING: BoE raises interest rates by 25pbs to 4%⏰