JGBs close higher despite better-than-expected improvement in August trade balance; BoJ meeting eyed
BoE likely to maintain guidance for gradually higher rates as long as Brexit has not been clarified, says DNB Markets
UK gilts surge after August consumer price inflation disappoints investors; BoE’s policy decision in focus
EM Asian currencies likely to advance if US and China make concrete progress in renewed trade negotiations, says Scotiabank
U.S. Treasury yields slump on hopes of 25bp Fed rate cut; Chair Powell’s post-conference speech eyed
New Zealand’s annual current account deficit narrows in Q2, net international liability position widens
Likelihood of RBA adopting alternative policy measures rises with cash rate getting closer to effective lower bound, says ANZ Research
FxWirePro: U.S. Natural gas inventory preview
Natural gas is currently trading at $4.19 per MMBtu.
Key factors at play in the natural gas market –
Now, for the inventory,
According to the latest numbers, working gas in underground storage remains at 2.991 trillion cubic feet (Tcf). Stocks are 704 Bcf less than last year at this time and 725 Bcf below the five-year average. The chart from EIA shows the level of inventory. The second chart from investing.com shows weekly changes in inventory.