By FX Empire.com
Natural Gas Fundamental Analysis March 14, 2012, Forecast
Analysis and Recommendation:
Natural Gas has surpassed the 10 year low it reached earlier, now trading at 2.221 after falling to a low of 2.208. Winter is over and there is no demand for NG and not even a slim chance at this point of a later winter storm. Inventories are due later on Wednesday and are expected to be high for this time of year and NG should end up sitting here for a while.
Economic Events: (GMT)
WEEKLY
- Heating Oil & Propane Update (October-March)
Heating Oil, Propane Residential and Wholesale Price Data
Release Schedule: Wednesday at 1:00 p.m. EST - Weekly Coal Production
Release Schedule: Thursday by 5:00 p.m. EST - Weekly NYMEX Coal Futures
Release Schedule: Monday by 5:00 p.m. EST - 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
