Natural-gas futures up sharply as EIA reports a smaller-than-expected rise in U.S. natural-gas supply
Natural-gas futures climbed sharply Thursday after the U.S. Energy Information Administration reported on a slightly smaller-than-expected weekly rise in domestic natural-gas supplies. Inventories of the fuel in storage climbed by 99 billion cubic feet for the week ended May 12, the EIA said. Analysts called for a storage increase of 106 billion cubic feet on average, according to a survey conducted by S&P Global Commodity Insights. Total working gas in storage for the latest week was at 2.240 trillion cubic feet, up 521 billion cubic feet from a year ago and 340 billion cubic feet above the five-year average, the ... (full story)
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post at 10:16am: *McCarthy Says He Sees Debt Limit Deal on House Floor Next Week post at 10:20am: *McCarthy: I Can See Now Where a Deal Can Come Together post at 10:23am: *McCarthy: Important to Have Agreement in Principle This Weekend
If you look at the rallying global equity markets, investors are evidently very optimistic about the US debt ceiling negotiations and not too worried about the slowdown in China. ...
Existing-home sales decreased in April, according to the National Association of REALTORSģ. All four major U.S. regions registered month-over-month and year-over-year sales ...
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Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers answer reportersí questions following the release of the Financial System Review.
post at 11:12am: BOC'S GOV. MACKLEM: I EXPECT INFLATION TO CONTINUE COMING DOWN IN LINE WITH FORECASTS. post at 11:13am: BoCís Macklem: April CPI Data Were Stronger Than Expected, Food Price Inflation Much Too High post at 11:14am: BoCís Macklem: Using Pause to See Whether Weíve Raised Rates Enough post at 11:15am: BOC'S GOV. MACKLEM: THE JUNE RATE DECISION WILL BE GUIDED BY ECONOMIC DATA. post at 11:16am: BoCís Macklem: Far Too Early to Be Thinking of Interest Rate Cuts
The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates in the coming months, leaving the outlook for the Fedís policies cloudier than ...