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Natural Gas Gains After Data Showed That US Utilities Withdrew 9 Bcf From Storage.

Natural gas prices surged by 2.28% to settle at 143.3, bolstered by US utilities withdrawing a significant 9 billion cubic feet from storage, surpassing market expectations. This drawdown, coupled with CNX Resources’ reduction in well completions and gas production, contributed to a decline in US gas output by 6% over the past month. Companies like EQT and Chesapeake Energy intentionally curtailed production amid lower prices. However, despite production cuts, natural gas prices are expected to decrease for the second consecutive week due to an extended outage at Freeport train 3, hampering gas flow to LNG export facilities.

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Gold on track for weekly drop as traders temper US rate-cut hopes..

Gold prices were headed on Friday for their first weekly fall in four as surprisingly hot U.S. inflation readings suggested that the Federal Reserve could reduce the number of rate cuts this year and may push the first cut beyond June.

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IMPORTANT FOREX DATA NEWS 15/03/2024 UPDATE BEST TRADING TIPS FOR BEGINNERS BY https://www.youreasytrade.inGET MORE INFO CW/7302366166

FOREX DATA’S:

TIMECURRENCYDATA’S NAME
1:15pmEURFrench Final CPI m/m
3:00pmGBPConsumer Inflation Expectations
3:30pmEURItalian Retail Sales m/m
TentativeCNYNew Loans
TentativeCNYM2 Money Supply y/y
4:30pmEURItalian Trade Balance
5:45pmCADHousing Starts
6:00pmCADForeign Securities Purchases
CADWholesale Sales m/m
USDEmpire State Manufacturing Index
USDImport Prices m/m
6:45pmUSDIndustrial Production m/m
USDCapacity Utilization Rate
7:30pmUSDPrelim UoM Consumer Sentiment
USDPrelim UoM Inflation Expectations

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Economic Indicators That Impact the Forex Market. Updated By https://www.bullionsignals.com/.

BIG DATA’S:

TIMECURRENCYDATA’S NAME
1:15pmEURFrench Final CPI m/m
3:00pmGBPConsumer Inflation Expectations
3:30pmEURItalian Retail Sales m/m
TentativeCNYNew Loans
TentativeCNYM2 Money Supply y/y
4:30pmEURItalian Trade Balance
5:45pmCADHousing Starts
6:00pmCADForeign Securities Purchases
CADWholesale Sales m/m
USDEmpire State Manufacturing Index
USDImport Prices m/m
6:45pmUSDIndustrial Production m/m
USDCapacity Utilization Rate
7:30pmUSDPrelim UoM Consumer Sentiment
USDPrelim UoM Inflation Expectations

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Natural Gas Gains After Data Showed That US Utilities Withdrew 9 Bcf From Storage.

Natural gas prices surged by 2.28% to settle at 143.3, bolstered by US utilities withdrawing a significant 9 billion cubic feet from storage, surpassing market expectations. This drawdown, coupled with CNX Resources’ reduction in well completions and gas production, contributed to a decline in US gas output by 6% over the past month. Companies like EQT and Chesapeake Energy intentionally curtailed production amid lower prices. However, despite production cuts, natural gas prices are expected to decrease for the second consecutive week due to an extended outage at Freeport train 3, hampering gas flow to LNG export facilities.

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Selling dominates the stock market; Sensex slips 200 points, Nifty below 22100

शेयर बाजार में बिकवाली हावी; सेंसेक्स 200 अंक फिस्ला, निफ्टी 22100 के नीचे

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Market Opens:

Indian indices opened on a negative on March 15 with Nifty around 22,000 amid weak global cues.

The Sensex was down 186.66 points or 0.26 percent at 72,910.62, and the Nifty was down 54.10 points or 0.24 percent at 22,092.60. About 1557 shares advanced, 862 shares declined, and 96 shares unchanged.

Power Grid Corporation, NTPC, Tata Motors, Adani Enterprises and ONGC were among major gainers on the Nifty, while losers were BPCL, Grasim, SBI Life Insurance, Infosys and M&M.

NIFTY/SENSEX MARKET OPENING 15/03/2024 UPDATE BY https://www.youreasytrade.inGET MORE INFO CW/7302366166

Market Opens:

Indian indices opened on a negative on March 15 with Nifty around 22,000 amid weak global cues. The Sensex was down 186.66 points or 0.26 percent at 72,910.62, and the Nifty was down 54.10 points or 0.24 percent at 22,092.60. About 1557 shares advanced, 862 shares declined, and 96 shares unchanged. Power Grid Corporation, NTPC, Tata Motors, Adani Enterprises and ONGC were among major gainers on the Nifty, while losers were BPCL, Grasim, SBI Life Insurance, Infosys and M&M.

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15 MARCH OPENING BELL| SHAREBAZAAR| NIFTY,SENSEX| STOCKMARKET UPDATE| https://www.metrotradingtips.in/| 7454840856

Market Opens:

Indian indices opened on a negative on March 15 with Nifty around 22,000 amid weak global cues. The Sensex was down 186.66 points or 0.26 percent at 72,910.62, and the Nifty was down 54.10 points or 0.24 percent at 22,092.60. About 1557 shares advanced, 862 shares declined, and 96 shares unchanged. Power Grid Corporation, NTPC, Tata Motors, Adani Enterprises and ONGC were among major gainers on the Nifty, while losers were BPCL, Grasim, SBI Life Insurance, Infosys and M&M.

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Market Opens:

Indian indices opened on a negative on March 15 with Nifty around 22,000 amid weak global cues.

The Sensex was down 186.66 points or 0.26 percent at 72,910.62, and the Nifty was down 54.10 points or 0.24 percent at 22,092.60. About 1557 shares advanced, 862 shares declined, and 96 shares unchanged.

Power Grid Corporation, NTPC, Tata Motors, Adani Enterprises and ONGC were among major gainers on the Nifty, while losers were BPCL, Grasim, SBI Life Insurance, Infosys and M&M.