Natural Gas Fundamental Analysis April 12, 2012, Forecast

By FXEmpire.com

Analysis and Recommendations:

Natural Gas futures returned to the red, hovering at 10-year lows. The contract declined less than 1 cent at $2.0222 per million British thermal units after settling at a decade-low on Tuesday.

Inventories are due on Thursday and could push the price in either direction. Although this is about the bottom.

Economic Events: (GMT)

WEEKLY

• Natural Gas Weekly Update
  Release Schedule: Thursday between 2:00 and 2:30 p.m. (Eastern Time)
• Weekly Natural Gas Storage Report
  Release Schedule: Thursday at 10:30 (Eastern Time) (schedule)

Originally posted here