Natural gas prolongs rally on colder US weather

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Energy futures jumped on Tuesday amid soft US Dollar and BoJ policy decision. BoJ announced an open-ended asset purchasing program and lifted its inflation target to 2% to stimulate economy in 2014. Upbeat German economic sentiment reading also was supportive for the commodity group. Meanwhile, market players remained cautious ahead of the EIA report due on Thursday.

Crude oil climbed on upbeat German data and stimulus measures in Japan. However, weak US numbers and caution ahead of the weekly EIA report capped gains. The EIA report is expected to show a 2.8-milolion-barrel increase in the US crude oil stockpiles.

Brent oil jumped on hopes that US lawmakers will lift the country's debt ceiling. US officials will vote on Wednesday on temporary suspension of the current debt limit until mid-May.

Natural gas extended previous gains as colder-than-normal temperatures in the US boosted heating fuel demand potential.

Heating oil moved in sync with crude and Brent oil, advancing 0.53%. Colder weather in the US coupled with falling US supplies lifted heating oil prices.
Back to articles

Actual Topics

Wed, 23 Jan 2013 10:09:04 GMT

Sugar slumps as Brazil resumes planting

Rural commodities except for corn posted sharp losses on Tuesday despite improved demand for risky assets and weaker greenback. Rain forecasts in the US as well as better weather conditions in Brazil put notable pressure on the commodity complex. Wheat declined on speculation that rains in the US may improve prospects of drought-stricken crops. Furthermore, profit-taking after a sharp increase

Wed, 23 Jan 2013 12:06:03 GMT

Yen appreciates for a second day on expectations that consumer prices dropped

The Yen rose 0.3% to 88.48 per U.S. Dollar and 0.4% to 117.74 versus Euro in afternoon of Tokyo trading session on Wednesday. Yesterday the Yen appreciated by 1% and that was the biggest currency's gain since May, 2012. The Japanese currency was traded positively on expectation that domestic inflation data will be lower than expected and will be as

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.