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

TTF Falls After Russia Decide Not to Cut Ukraine Transit Flows

NATURAL GAS

TTF softer with mixed weather forecasts for Europe and steady gas import supplies with no interruption to Ukraine transit flows.

    • TTF DEC 22 down -2.3% at 121.5€/MWh
    • TTF SUM 23 up 0.5% at 131.5€/MWh
  • Gazprom have this morning stated they have decided not to cut gas flow towards Moldova after they paid for the gas imbalance in Ukraine. Gazprom previously warn of a reduction of supplies because the volume of gas supplied for transit to Moldova via Ukraine exceeds the volume transmitted at the Ukraine-Moldova border. Russian gas supplies transit via Ukraine are today expected at 42.2mcm/d.
  • Norwegian imports remain strong at 327.1mcm/d while net LNG import flows to Europe were at 451mcm/d on Nov 25.
  • European gas in storage is at 93.94% according to GIE data from Nov 26 showing Germany at 98.79%, Italy at 92.78%, France at 98.03% and Netherlands at 89.96%.
  • Weather forecasts show temperatures in NW Europe falling below normal in the first week of December but with temperatures holding around normal for the second week of the two week outlook.
Energy BulletsCommodities
Energy BulletsCommodities

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.