Natural Gas Fundamental Analysis August 14, 2012, Forecast

Posted August 13, 2012 14:53 (GMT) | By FX Empire Analyst - Barry Norman | Print | Font Size
Add a comment

Category:

Fundamental Reports

Get Forex buy/sell signals directly to your email and by SMS.
To learn more click here

Analysis and Recommendations:

Natural Gas added a few cents today, to trade at 2.7770 after speculators talked the price up over 3.20 less than a month ago and then took profits and ran, last week, Natural Gas dropped close to 20 cents on Friday, as investors bought back the commodity today at rock bottom prices.

With a loss of more than 0.70 percent from last Friday’s closing. Residential consumption by using natural gas has been declined by more than 1.5 percent in the last week. Total gas demand increased by only 0.75 percent, lower than last year at the same time above 3 percent

FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.

Economic Data August 13, 2012 actual v. forecast

Date

Time

Currency

Importance

Event

Actual

Forecast

Previous

Aug. 13

00:50

JPY

GDP (QoQ)

0.3%

0.6%

1.3%

09:00

NOK

Norwegian Core Retail Sales (MoM)

-1.40%

-1.00%

1.70%

WEEKLY

Natural Gas Weekly Update
Release Schedule: Thursday between 2:00 and 2:30 p.m. (Eastern Time)
Weekly Natural Gas Storage Report
Release Schedule: Thursday at 10:30 (Eastern Time) (schedule)

Upcoming Economic Events that affect the CHF, EUR, GBP and USD

Date	Time	Currency	Event	Previous
Aug 14	5:30	EUR	French Prelim GDP q/q	0.0%
	6:00	EUR	German Prelim GDP q/q	0.5%
	6:45	EUR	French Prelim Non-Farm Payrolls q/q	0.1%
	7:15	CHF	PPI m/m	-0.3%
	9:00	EUR	German ZEW Economic Sentiment	-19.6
	9:00	EUR	Flash GDP q/q	0.0%
	9:00	EUR	Industrial Production m/m	0.6%
	9:00	EUR	ZEW Economic Sentiment	-22.3
	12:30	USD	Core Retail Sales m/m	-0.4%
	12:30	USD	PPI m/m	0.1%
	12:30	USD	Retail Sales m/m	-0.5%
	14:00	USD	Business Inventories m/m	0.3%
	12:30	USD	Core CPI m/m	0.2%
	12:30	USD	Empire State Manufacturing Index	7.4
	13:00	USD	TIC Long-Term Purchases	55.0B
	13:15	USD	Capacity Utilization Rate	78.9%
	13:15	USD	Industrial Production m/m	0.4%
	14:30	USD	Crude Oil Inventories	-3.7M
Aug 16	9:00	CHF	ZEW Economic Expectations	-42.5
	9:00	EUR	CPI y/y	2.4%
	12:30	USD	Building Permits	0.76M
	12:30	USD	Unemployment Claims	361K
	12:30	USD	Housing Starts	0.76M
	14:00	USD	Philly Fed Manufacturing Index	-12.9
Aug 17	6:00	EUR	German PPI m/m	-0.4%
	8:00	EUR	Current Account	10.9B
	13:55	USD	Prelim UoM Consumer Sentiment	72.3

Government Bond Auctions

Date Time Country

Aug 14 09:10 Greece

Aug 14 09:10 Italy

Aug 14 09:30 Belgium

Aug 14 14:30 UK

Aug 15 09:10 Sweden

Aug 16 09:30 UK

Aug 16 15:00 US

Want to read more articles like this one?

Enter your e-mail address and read FX Empire content directly from your inbox.

We value your privacy. Your e-mail address will not be shared.

About: FX Empire Analyst - Barry Norman

Barry produces a private Daily Market Review newsletter that is distributed around the globe to over 25,000 subscribers and recently published a book on Options Trading that is available from amazon.com

View all of FX Empire Analyst - Barry Norman's Articles