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Global Macro
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Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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About Us
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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 ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
MNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
US Natgas Pulls Back As Freeport Supply Falls
US Henry Hub is falling back today as uncertainty remains over the timing for the full restart of Freeport LNG.
- US Natgas APR 23 down -2.6% at 2.62$/mmbtu
- The partial return of Freeport LNG has supported prices since a low on 22 Feb but US regulators are still seeking information as they evaluate the request to restart full commercial operations. Pipeline natural gas deliveries to the Freeport terminal are today estimated by Bloomberg at 0.71bcf/d. Supplies dropped to about 0.1bcf/d on Wednesday from 1.0 bcf/d on Tuesday according to Refinitiv. Total deliveries to US export terminals are today estimated by Bloomberg down to 12.1bcf/d from a peak of 14.15bcf/d on 4 Mar.
- The NOAA weather forecast is mixed with slightly below normal temperatures across much of the US, but above normal temperatures are expected in some southern regions. Domestic demand is today estimated up slightly to 87.7bcf/d and just above the five year average.
- Lower 48 dry gas production has dipped over the last week with yesterday at 99.6bcf/d compared to around 101.2bcf/d at the end of Feb.
- Natural gas exports to Mexico are around 5.9bcf/d.
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.