By FX Empire.com
Natural gas prices rose on Friday, as weather forecasts suggest that temperatures will be below average over the next two weeks in East and Midwest of the United States, and that could boost demand for natural gas for heating fuel.
Traders will be following the weather forecasts in order to speculate over the outlook for demand. Also, traders will be eyeing the industrial production data from the United States on Monday.
Monday October 17:
At 13:15 GMT the Industrial Production for September is due and expected to hold on the month with 0.2% gain and capacity utilization to move slightly higher to 77.5% from 77.4%.
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