CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Mid-Day Gas Summary: TTF Loses Ground

NATGAS

Front month TTF is reversing some of Monday’s gains. Prior support came from lingering Gazprom cut off fears for Austria and ongoing Norwegian maintenance as the region heads into refill season.

  • TTF JUN 24 down 4.6% at 33.64€/MWh
  • TTF Q3 24 down 4.3% at 34.45€/MWh
  • Maintenance at the UK’s St. Fergus gas terminal is set to last a few days longer than originally planned, further impacting gas flows from Norway, according to Gassco.
  • Norwegian nominated flows to the UK and Northwest Europe terminals at 296.10 mcm/d vs 5-day moving average of 279.02 mcm/d accord to Gassco.
  • European gas storage was 69% full on May 26 vs the 5-yr seasonal norm of 56% for this time of year according to GIE data.
  • The EU adopted a law on Monday to monitor methane emissions from gas imports from 2030.
  • Brunei LNG is working on restarting its onshore compressor plants following an outage on May 20, the company said Tuesday.
  • Egyptian fertilizer production has slipped due to constrained natural gas supply for the country at present according to ICIS.
Homepagemarkets-real-timeCommoditiesEnergy BulletsBulletPower Bullets
Homepagemarkets-real-timeCommoditiesEnergy BulletsBulletPower Bullets

To read the full story

Close

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.