By FXEmpire.com
Analysis and Recommendations:
Natural Gas is trading at 2.922 dipping a bit today, following cues from the overall commodities market and continued mild weather forecasts from the National Weather Forecast. Hurricane Ernesto is currently not threatening anything, but forecasters are expecting an upgrade and course change later today.
Prices are remaining steady waiting for tomorrow’s weekly inventory.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.
Economic Data August 8, 2012 actual v. forecast
Date |
Currency |
Event |
Actual |
Forecast |
Previous |
Aug. 08 |
JPY |
Adjusted Current Account |
0.77T |
0.75T |
0.28T |
AUD |
Home Loans (MoM) |
1.3% |
2.0% |
-0.9% |
|
CHF |
SECO Consumer Climate |
-17 |
-4 |
-8 |
|
GBP |
BoE Inflation Report |
||||
EUR |
German 10-Year Bund Auction |
1.420% |
1.310% |
||
EUR |
German Industrial Production (MoM) |
-0.9% |
-0.8% |
1.7% |
|
USD |
Nonfarm Productivity (QoQ) |
1.6% |
1.3% |
-0.5% |
|
USD |
Unit Labor Costs (QoQ) |
1.7% |
0.6% |
5.6% |
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)
Upcoming Economic Events that affect the CHF, EUR, GBP and USD
Date |
Time |
Currency |
Event |
Previous |
Aug 9 |
8:00 |
EUR |
||
8:30 |
GBP |
-8.4B |
||
12:30 |
USD |
-48.7B |
||
12:30 |
USD |
|||
Aug 10 |
6:45 |
EUR |
-1.9% |
|
8:30 |
GBP |
-2.2% |
||
12:30 |
USD |
-2.7% |
||
18:00 |
USD |
-59.7B |
Government Bond Auctions
Date Time Country
Aug 09 15:30 Italy
Aug 09 17:00 US
Aug 10 10:00 Belgium
Aug 13 09:10 Italy
Aug 13 09:10 Norway
Aug 13 09:30 Germany
Aug 14 09:10 Greece
Aug 14 09:10 Italy
Aug 14 09:30 Belgium
Aug 14 14:30 UK
Aug 15 09:10 Sweden
Aug 16 09:30 UK
Aug 16 15:00 US
Click here a current Natural Gas Chart.
Originally posted here