Natural Gas Inventory -58 bcf vs -62 bcf Expected
Working gas in storage was 1,972 Bcf as of Friday, March 10, 2023, according to EIA estimates. This represents a net decrease of 58 Bcf from the previous week. Stocks were 521 Bcf higher than last year at this time and 378 Bcf above the five-year average of 1,594 Bcf. At 1,972 Bcf, total working gas is within the five-year historical range.
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post at 10:11am: Ecb's president lagarde: 3-4 didn't support decision. post at 10:10am: ECBís Lagarde: Not Waning on Our Commitment to Fight Inflation - Given Uncertainty, Better to Make Decision That We Believe Is Robust - Determined to Return Inflation to 2% - Board Proposed No Other Option - Was Adopted by Very Large Majority post at 10:13am: ECBís Lagarde: 3-4 Didnít Support Decision - Dissenters Wanted More Time to Monitor Situation - No Tradeoff Between Price and Financial Stability - Stand Ready to Provide New Facilities if Needed - Euro Liquidity Is Perfectly Addressed post at 10:27am: #ECB LAGARDE: DIDN'T DECIDE ANYTHING ON APP ROLLOFF - BBG
post at 10:04am: ECBís Lagarde: Financial Market Tensions Have Been Severe - Reiterates ECBís Data-Dependent Approach Going Forward - If Baseline to Persist When the Uncertainty Reduces, Will Have a Lot More Ground to Cover - This is a Big Caveat post at 10:05am: LAGARDE: IMPOSSIBLE TO DETERMINE WHAT THE RATE PATH WILL BE post at 10:05am: MORE ECB'S LAGARDE: DEFLECTS QUESTION ON WHETHER RATES HAVE PEAKED; REFERS TO POLICY STATEMENT #ecb #europeancentralbank #interestrates #monetarypolicy #christinelagarde post at 10:06am: *LAGARDE: STAND READY TO RESPOND TO PRESERVE PRICE STABILITY post at 10:08am: ECBís Lagarde: Can Exercise Creativity In Short Order If There Is A Liquidity Crisis -But This Is Not What We Are Seeing
post at 9:48am: ECB'S LAGARDE: MONITORING MARKET TENSION CLOSELY post at 9:49am: *LAGARDE: ECB FORECASTS WERE FINALIZED IN EARLY MARCH post at 9:50am: ECB PRESIDENT CHRISTINE LAGARDE: 'INFLATION IS PROJECTED TO REMAIN TOO HIGH FOR TOO LONG' #ecb #europeancentralbank #interestrates #monetarypolicy #christinelagarde post at 9:54am: ECBís Lagarde: Economy to Recover Over Coming Quarters - Industrial Production Should Pick Up - Labour Market Strong - Government Energy Aid Should Be Temporary, Targeted - Important to Roll Back Support Measures Promptly post at 9:56am: ECBís Lagarde: Underflying Price Pressures Remain Strong - Services Inflation Driven by Past Energy Increases - Wage Pressures Strengthened - Most Meansures of Long Term Inflation Expectations Stand Around 2%
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The European Central Bank on Thursday announced a further rate hike of 50 basis points, signaling it is ready to supply liquidity to banks if needed, amid recent turmoil in the ...
post at 10:49am: JPMorgan, Morgan Stanley, Others in Talks to Bolster First Republic, Sources Say -- WSJ $FRC post at 10:56am: Breaking: JPMorgan, Morgan Stanley and several other big banks are in talks to aid First Republic Bank. The deal could include a sizable capital infusion to shore up the beleaguered lender. https://t.co/Y7WNBVltWo
Momentum trading is a strategy that involves taking a position based on the strength of a market trend. Itís a popular way of trading in volatile markets, as the goal is to find ...