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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI Eurozone Inflation Preview - November 2024
MNI POLITICAL RISK - Trump Initiates Tariff Negotiations
MNI US MARKETS ANALYSIS - CAD Slips as Trump Looks to Tariffs
TTF Steady With Colder Weather Due Next Week
European gas is holding steady with warm weather forecast to give way to below normal temperatures from 7 Jan in NW Europe.
- TTF MAR 23 down -1% at 56.8€/MWh
- TTF SUM 23 down -1.4% at 58.5€/MWh
- TTF WIN 23 down -0.1% at 67.73€/MWh
- The market has coped well with short cold spells so far this winter but an extended cold and LNG supply remain upside market risks. Strong LNG supply will need to be maintained to cover any more cold spells this winter as well to restock storage over the coming summer months. LNG net flows have eased down to 395mcm/d on 29 Jan with lower demand easing supply pressures in the current warm period.
- Total EU gas storage is at 72.65% according to GIE data from 30 Jan with a near normal withdrawal rate. Germany is at 83.75%, Italy at 75.01, France at 70.68% and Netherlands at 71.46%.
- Norwegian supply is nominated at 322.7mcm/d and gas transit via Ukraine is up to 29.4mcm/d.
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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.