Natural Gas Fundamental Analysis August 15, 2012, Forecast
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Analysis and Recommendations:
Natural Gas is trading at 2.771 adding a few cents today, as investors grabbed the commodity at a depressed price and on a weaker US greenback, in hope on additional hot temperatures towards the end of the month and ahead of inventories this week that traders are hoping to show increased usage.
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 14, 2012 actual v. forecast
|
Date |
Time |
|
Currency |
|
|
Event |
Actual |
|
Forecast |
|
Previous |
|
|
Aug. 14 |
00:01 |
|
GBP |
|
|
RICS House Price Balance |
-24% |
|
-23% |
|
-22% |
|
|
|
00:50 |
|
JPY |
|
|
Tertiary Industry Activity Index (MoM) |
0.1% |
|
-0.3% |
|
0.9% |
|
|
|
02:30 |
|
AUD |
|
|
NAB Business Confidence |
4 |
|
|
|
-3 |
|
|
|
06:30 |
|
EUR |
|
|
French CPI (MoM) |
-0.4% |
|
-0.2% |
|
0.0% |
|
|
|
06:30 |
|
EUR |
|
|
French GDP (QoQ) |
0.0% |
|
-0.1% |
|
0.0% |
|
|
|
07:00 |
|
EUR |
|
|
German GDP (QoQ) |
0.3% |
|
0.2% |
|
0.5% |
|
|
|
07:00 |
|
EUR |
|
|
German GDP (YoY) |
0.5% |
|
1.0% |
|
1.7% |
|
|
|
07:45 |
|
EUR |
|
|
French Non-Farm Payrolls (QoQ) |
-0.1% |
|
-0.1% |
|
0.1% |
|
|
|
08:15 |
|
CHF |
|
|
PPI (MoM) |
-0.3% |
|
-0.2% |
|
-0.3% |
|
|
|
09:30 |
|
GBP |
|
|
Core CPI (YoY) |
2.3% |
|
2.1% |
|
2.1% |
|
|
|
09:30 |
|
GBP |
|
|
CPI (YoY) |
2.6% |
|
2.3% |
|
2.4% |
|
|
|
09:30 |
|
GBP |
|
|
CPI (MoM) |
0.1% |
|
-0.1% |
|
-0.4% |
|
|
|
10:00 |
|
EUR |
|
|
GDP (QoQ) |
-0.2% |
|
-0.2% |
|
0.0% |
|
|
|
10:00 |
|
EUR |
|
|
German ZEW Economic Sentiment |
-25.5 |
|
-19.3 |
|
-19.6 |
|
|
|
10:00 |
|
EUR |
|
|
Industrial Production (MoM) |
-0.6% |
|
-0.7% |
|
0.9% |
|
|
|
10:00 |
|
EUR |
|
|
ZEW Economic Sentiment |
-21.2 |
|
-19.1 |
|
-22.3 |
|
|
|
13:30 |
|
USD |
|
|
Core PPI (MoM) |
0.4% |
|
0.2% |
|
0.2% |
|
|
|
13:30 |
|
USD |
|
|
Core Retail Sales (MoM) |
0.8% |
|
0.4% |
|
-0.8% |
|
|
|
13:30 |
|
USD |
|
|
PPI (MoM) |
0.3% |
|
0.2% |
|
0.1% |
|
|
|
13:30 |
|
USD |
|
|
Retail Sales (MoM) |
0.8% |
|
0.3% |
|
-0.7% |
|
|
|
13:30 |
|
USD |
|
|
PPI (YoY) |
0.5% |
|
0.5% |
|
0.7% |
|
|
|
13:30 |
|
USD |
|
|
Core PPI (YoY) |
2.5% |
|
2.3% |
|
2.6% |
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 15 |
12:30 |
USD |
0.2% |
|
|
12:30 |
USD |
0.2% |
||
|
12:30 |
USD |
7.4 |
||
|
13:00 |
USD |
55.0B |
||
|
13:15 |
USD |
78.9% |
||
|
13:15 |
USD |
0.4% |
||
|
14:30 |
USD |
-3.7M |
||
|
Aug 16 |
9:00 |
CHF |
-42.5 |
|
|
9:00 |
EUR |
2.4% |
||
|
12:30 |
USD |
0.76M |
||
|
12:30 |
USD |
361K |
||
|
12:30 |
USD |
0.76M |
||
|
14:00 |
USD |
-12.9 |
||
|
Aug 17 |
6:00 |
EUR |
-0.4% |
|
|
8:00 |
EUR |
10.9B |
||
|
13:55 |
USD |
72.3 |
Government Bond Auctions
Date Time Country
Aug 15 09:10 Sweden
Aug 16 09:30 UK
Aug 16 15:00 US
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