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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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Free AccessMNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
MNI INTERVIEW2: Poland To Push For EU Defence Fund
TTF Falls After Pulling Back from 162€/MWh Peak Yesterday
European TTF gas near to close levels after volatile trading yesterday saw the front month price swing up as high as 162€/MWh below falling back to 136.6€/MWh.
- TTF JAN 23 down -1.3% at 137.5€/MWh
- Below normal temperatures throughout the current two week forecast period are adding to upside pressures while uncertainty remains over EU plans for a gas price cap. Member states still disagree over the structure and level of any cap and yesterday seven states were pushing for a more dynamic gas price cap.
- Strong LNG supplies are helping against the increased demand due to the cold weather with total European LNG sendout up to 497mcm/d on Nov 29.
- Norwegian supply to Europe is today nominated back up to 327.4mcm/d after falling yesterday after a compressor failure at Kollsnes.
- Gas transit via Ukraine is steady at 42.4mcm/d while Europe storage levels are at 92.08%.
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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.