Natural Gas (NG) News

“Avangrid has above-average EPS growth potential from utility and renewables opportunities, along with upside options not yet priced in,” wrote Morgan Stanley.

Exxon Mobil Corporation said in its regulatory filing on Thursday that it has incurred an unprecedented second straight quarterly loss from the fall in oil and natural gas prices after coronavirus lockdown restrictions dampened energy demand worldwide.

Dutch British oil and gas major Royal Dutch Shell has presented in its latest update today a very bearish view on the oil and gas market.

The Russell rallied 3%

Maurice FitzMaurice, portfolio manager of Fidelity Select Energy Portfolio thinks the energy business looks strong and some energy firms can thrive amid low prices.

Chesapeake Energy Corporation is considering to file for bankruptcy as early as this week after it failed to make an interest payment of nearly $10 million on debt due on June 15.

Jobless Claims rise more than expected

It is a challenge for most market participants to wrap their heads around negative values for assets. In Europe and Japan, short-term interest rates in negative territory have become the norm. Banks charge depositors for storing their cash balances.

Home prices dipped in March

Housing Starts Fall Less than Expected

Growth could slow to 1.2% in Q1

Jobless claims fall more than expected

The Australian Dollar plummeted last week, falling in sympathy with the Chinese Yuan as investors fretted about the hit to the Chinese economy from the coronavirus.

Volatility picks up as stocks slide

Stock slip-on virus fears

The U.S-China trade war has dampened the Australian economy, as China is a key trading partner for Australia. The Phase One trade accord could weigh on the Australian dollar, as a Chinese commitment to purchase more U.S. goods could come at the expense of Australian exports.

Prices break down and are poised to test 4-year lows

Stocks rise following strong housing data

Extreme weather conditions, raging bushfires and tensions with Iran have been the dominant themes making headlines. While geopolitical risks bring periodic bouts of volatility, heightened discussions on climate change may reshape the investment landscape quicker than anticipated. The climate risk is calling for sustainable investment. Eyes are now on the

Traders are hoping the first phase of an agreement between the U.S. and China will lead to a further easing of tensions between the two economic powerhouses and that with the signing of the deal on January 15, signs of a rebound will start to emerge.