Confirming you are not from the U.S. or the Philippines

Dengan memberikan pernyataan ini, saya mengaku dan mengesahkan bahawa:
  • Saya bukan seorang warganegara atau pemastautin A.S.
  • Saya bukan warga Filipina
  • Saya tidak memiliki secara langsung atau tidak langsung lebih daripada 10% saham/hak mengundi/faedah pemastautin A.S. dan/atau di bawah kawalan warganegara atau pemastautin A.S. yang dilaksanakan dengan cara lain
  • Saya tidak berada di bawah pemilikan langsung atau tidak langsung lebih daripada 10% saham/hak mengundi/faedah dan/atau di bawah kawalan warganegara atau pemastautin A.S. yang dilaksanakan dengan cara lain
  • Saya tidak berafiliasi dengan warganegara atau pemastautin A.S. dalam terma Bahagian 1504(a) FATCA
  • Saya menyedari akan liabiliti saya kerana membuat pengakuan palsu.
Untuk tujuan pernyataan ini, semua negara dan wilayah bergantung A.S. adalah sama dengan wilayah utama A.S. Saya memberi komitmen untuk mempertahan dan tidak mempertanggungjawabkan Octa Markets Incorporates, pengarah dan pegawainya terhadap sebarang sebarang tuntutan yang timbul dari atau berkaitan dengan sebarang pelanggaran pernyataan saya ini.
Batal Sahkan
Octa trading broker Daftar Log masuk
Octa trading broker
Buka akaun dagangan
Berita dagangan
Back
14 Mar 2023

Natural Gas shy from $2.70 despite USD Index attempts recovery, demand worries deepen

  • Natural Gas has turned lackluster after a vertical movement as the USD Index has rebounded from 10350.
  • The demand for natural gas might witness a bumpy road as industrial demand would decline due to higher rates from the Fed.
  • The period between Winter and Summer in the US remains weak for Natural Gas demand.

Natural Gas futures have turned sideways after a perpendicular recovery to near $2.70 in the Asian session. The upside bias in natural gas has been propelled by the weak US Dollar Index (DXY) broadly. Natural Gas futures looks shy near 2.70$ as the USD Index has demonstrated a recovery move to near 103.90 as investors are getting anxious ahead of the release of the United States Consumer Price Index (CPI) data.

The demand for natural gas is expected to witness a bumpy road as industrial demand is set to decline due to higher rates from the Federal Reserve (Fed). The street is expecting that planned rate hikes by Fed chair Jerome Powell will push the US economy into a recession ahead.

 Meanwhile, Winter is almost near the end and summer has not arrived yet. Therefore, demand for residential purposes to warm household areas will remain weak. Also, power companies have less dependency on natural gas as households won’t need much electricity to utilize for running air conditioners.

What has infused fresh blood into the Natural Gas prices is the recent sell-off in the USD Index. This week, the major focus for the action in the Natural Gas futures will be on the inventories data reported by US Energy Information Administration (EIA), scheduled every Thursday.

Going forward, investors are keenly awaiting the release of the US inflation data for fresh consensus. As per the projections, the headline CPI could decline to 6.0% from the former release of 6.4%. And, the core inflation that excludes oil and food prices is expected to trim marginally to 5.5% vs. the prior release of 5.6%.

 

Mar 14, 2023

USD/CAD Price Analysis: Recovery remains elusive below 1.3790 hurdle

USD/CAD bulls struggle to keep the latest rebound from a one-week low around 1.3750 during early Tuesday. Even so, the Loonie pair sellers have a toug
Baca lagi Previous
Mar 14, 2023

GBP/USD extends downside to near 1.2150 ahead of UK Employment and US Inflation

The GBP/USD pair has stretched its correction to near 1.2150 in the Asian session. The corrective move from the round-level resistance of 1.2200 has e
Baca lagi Next