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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
TTF Plunges to 3-Week Low on Healthy Supplies, Storages
The TTF front month fell to the lowest level since 19 July amid an increase in LNG supplies, pipeline flows from Norway as plants return from maintenance as well as healthy storage levels well above the five-year average.
- TTF front month touched a daily low of €30.83/MWh, the lowest level since 19 June when prices fell to €30.17/MWh.
- TTF AUG 23 down -7.7% at 30.9€/MWh
- EU gas storage levels stood at 79.45% of capacity on 8 July, AGSI data showed.
- Prices also received some downward pressure from higher renewables output. Wind output in Germany has been significantly revised upwards. Wind output is expected to peak above 30GW on 18 July.
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.