A breakneck rally in Asian natural gas spot prices is forcing some importers to halt plans to buy additional shipments of the power plant fuel.

The global LNG market is expected to be tight over 2022-26 as Europe’s quest to reduce its dependency on Russian gas increases demand for LNG.

BENGALURU, June 29 Reuters Indian shares fell on Wednesday to snap a fourday winning streak as worries over inflation resurfaced amid surging oil prices, while domestic explorers rose in late trade after the country approved a plan to give marketing freedom to sell crude. The NSE Nifty 50 index closed 0.32 lower to 15,799.10 and the […]

LONDON, June 29 Reuters The Swiss franc rose on Wednesday to its highest level against the euro in four months as rising recession fear in the euro zone led investors to seek safe haven assets like the Swiss currency. The Swiss franc , rose 0.6 versus the euro to 1.0005 at 1210 GMT, after touching […]

MUMBAI, June 29 Reuters The Indian rupee weakened further on Wednesday, touching record lows against the U.S. dollar as losses in domestic shares and other Asian currencies weighed on sentiment. The partially convertible rupee was trading at 78.9495 per dollar by 0409 GMT, after touching a lifetime low of 78.95. The currency closed at 78.77 […]

TOKYO, June 29 Reuters The dollar edged higher on Wednesday, keeping its index against major peers nestled below a twodecade high struck two weeks ago, with investors seeking safety in U.S. assets as stocks declined globally due to the mounting risk of a recession. The dollar index, which measures the greenback against six counterparts, ticked […]

FTSE 100 down 0.6, FTSE 250 off 0.8 June 29 Reuters UK39;s top share index slipped from twoweek highs on Wednesday, echoing sharp losses in Asian equities and Wall Street overnight, as weak U.S. consumer confidence data revived fears about a recession in the world39;s largest economy. The bluechip FTSE 100 index dropped 0.6 by 0704 […]

MOSCOW, June 29 Reuters The Russian rouble rallied on Wednesday to its strongest levels in more than seven years, nearing 50 against the dollar for the first time since May 2015. The rouble has become the world39;s bestperforming currency this year, boosted by measures including a ban on Russian households withdrawing foreign currency savings taken […]

Rates as of 0500 GMT Market Recap Currencies yesterday moved largely on interest rate changes. Sharpeyed viewers may notice that CHF isnt included in the above charts. Thats because CHF was the outlier yesterday including it significantly lowers the Rsquared the goodness of fit measurement. It appears that CHF was following risk sentiment as reflected […]