Natural Gas Fundamental Analysis December 31, 2012, Forecast

Analysis and Recommendations:

Natural Gas added a few pips today to trade at 3.474 ahead of today’s inventory numbers. US weather continues to change quickly with major storms moving through the east and south increasing energy demand for heating. Markets expect residential use to increase. Natural gas inventory is also expected to show negative numbers but less than previous and can prove negative for prices. Price increases may be limited as the US dollar continues to climb with strong eco data in the US showing an increase in Pending Home Sales and Chicago PMI.

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.

Markets will have a shortened day on Monday December 31st and most are closed on Tuesday January 1, 2013. Our analysis will be published as markets close on Monday and there will be no analysis on Tuesday. I want to wish all of my readers a happy and healthy new year. I hope you continue reading our analysis next year.  

Economic Data December 28, 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)

 

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