Natural gas future price (short term delivery) continued to rally during last week. Based on the recent EIA natural gas storage report, the natural gas storage fell again while the average five years expanded: The NG storage withdrawal was 95…
Natural gas (short term delivery) continued to rally during the previous week. Based on the recent natural gas storage report, the natural gas storage fell by a faster rate than the average five years did. According to the latest EIA…
Based on the latest producer price index monthly report, which was published yesterday, the PPI for finished goods sharply rose by 0.7% in February compared with January’s index. This report serves as an indicator for the changes in the U.S…
Retails and foods services sales rose again for the fourth consecutive month, during February 2013 by 0.1% compared with January’s sales and were also above the sales at February 2012. The U.S. Department of Commerce (pdf file) published today its…
Based on the recent March report published by the Organization of the Petroleum Exporting Countries referring to the recent developments in the crude oil market during February, the OPEC oil production slightly increased during February compared with January’s oil production.…
Natural gas (short term delivery) continued to trade up during most of last week. According to the recent natural gas storage update, the natural gas storage contracted by a faster pace than the average five years did. Based on the…
The U.S. employment increased by higher than many had anticipated – based on ADP estimate, the non-farm payroll rose by 198k during February: according to the recent U.S. employment report, which was published today, March 8th by the Bureau of…
ECB President Mario Draghi left the ECB cash rate flat at 0.75% and the deposit rates at 0%. In the press conference that followed the announcement Mario Draghi kept this usual stands about the projections of Euro Area. He stated…
Yesterday, the U.S. Manufacturing ISM update came out; based on the recent report, the U.S. Manufacturing PMI index increased again to 54.2% during February 2013. The U.S. Manufacturing PMI is an index estimates the economic changes of the U.S. manufacturing…
The bureau of economic analysis published today February 28th its second estimate of the growth rate of the U.S. Gross Domestic Product for Q4 2012. Based on the recent update, U.S output of goods and services growth rate rose by…