By FX Empire.com

Natural Gas Fundamental Analysis March 15, 2012, Forecast

Natural Gas Fundamental Analysis March 15, 2012, Forecast

Analysis and Recommendations:

Natural Gas is holding at 2.2830 after opening today at 2.3260. Gas is just sitting waiting for inventory releases and the rough up and downs today have been traders positioning themselves. March has been a very mild month and winter is almost over. Inventory levels will determine how low the bottom will be. We are expecting it to sit somewhere around 2.32 the opening of today

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