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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors
MNI POLITICAL RISK - Thune Eyes 'Deficit-Negative' Legislation
Henry Hub Lowest Since May 2
Henry Hub front month is on track for its lowest close since May 2, driven by strong production, cooling temperatures, and disruption to US LNG export flows.
- US Natgas AUG 24 down 7% at 2.03$/mmbtu
- US Natgas JAN 25 down 2.2% at 3.52$/mmbtu
- US LNG export terminal feedgas flows are today still low at 10.76bcf/d according to Bloomberg although Freeport supply has edged up to 0.46bcf/day.
- US domestic natural gas production was down slightly to 101.7bcf/d yesterday compared to the average so far in July of 102.3bcf/d.
- The NOAA 6–14-day forecast shows below normal temperatures forecast in central areas.
- Export flows to Mexico are today at 6.7bcf/d according to Bloomberg.
- El Paso Natural Gas Company has experienced an equipment failure at its Seligman Compressor station, Arizona, with the facility now unavailable.
- US natural gas inventories likely increased by29 bcf in the week to July 12, according to a WSJ survey.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.