-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Global Macro Weekly -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMid-Day Gas Summary: TTF Eases Back
Front month TTF is easing back today and fell shortly to the lowest level since 10 October, amid healthy supplies and bearish short-term fundamentals as well as weighed on by easing supply risks from the Middle East following the restart of Chevron’s Tamar gas field in Israel.
- TTF DEC 23 down -3.5% at 45€/MWh
- TTF Q1 24 down -3.6% at 46.71€/MWh
- TTF SUM 24 down -2.6% at 45.45€/MWh
- TTF WIN 24 down -2.1% at 49.12€/MWh
- ICE TTF daily aggregate traded futures volumes were at 249k on Friday.
- Israel’s pipeline natural gas flows to Egypt are currently at around 350-400mcf/d, still around 50% lower than prior to the conflict, a person familiar with the numbers told Bloomberg. Israel ordered Chevron to resume production at the 10bcm/yr Tamar natural gas field that was forced to halt production on 9 October according to a filing on Sunday by Isramco, stakeholder in the field.
- Norwegian pipeline supply to Europe is today at 327.1mcm/d but is expected to increase tomorrow with the return of capacity at Oseberg following an outage.
- Russian natural gas flows via Bulgaria continue today despite the new tax on transit flows according to Montel.
- Temperatures in NW Europe are expected to remain generally above normal in the coming week but could fall back closer to normal in the second week of the outlook.
- European natural gas storage was down to 99.45% full on Nov 11 according to GIE data amid smaller than normal withdrawals over the weekend. The five year average storage levels is around 89.6% at the time of year.
- European LNG sendout was up to 446mcm/d on 11 Nov having increased from around 380mcm/d at the start of the month. Floating LNG storage at sea for at least 20 days has edged higher again to hold above the previous five year range.
- Spain may need to block LNG arrivals as the country’s regasification tanks are nearly at 100% full, TSO Enagas said Friday.
- Spain’s Sagunto LNG terminal has reloaded two cargoes in recent days according to ICIS, indicating Europe is still comfortably supplies at the start of the winter heating season.
- US LNG exports are currently more profitable to Asia in December, January 2024 and February 2024 according to BNEF.
- JKM DEC 23 down -1.5% at 16.41$/mmbtu
- JKM-TTF DEC 23 up 0.3$/mmbtu at 2.34$/mmbtu
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.