Natural Gas Fundamental Analysis December 21, 2012, Forecast

Analysis and Recommendations:

Natural Gas is trading at 3.385 adding a few pips today. Gas seems to be dancing to a different waltz than the rest of the markets over the past few days. Traders seem to once again be pulling strings like puppeteers, bumping up gas and taking profit and then pulling gas down to take profit. With thinning trade and trader’s attention diverted energy speculators are repeating the dance they did when they ran natural gas up just a month ago to a recent high at 3.9999. Weather patterns seem to be holding at seasonal temperatures and residential demand seems stable but low as traders closely await todays inventory release which is expected to show a decline in inventory.

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 December 20, 2012 actual v. forecast

 

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

Government Bond Auction

Date Time Country 

Dec 21 16:30 Italy  

Dec 26 01:30 Japan 

Dec 27 10:10 Italy  

Dec 28 10:10 Italy