EU utilities’ silver lining in 2023 gas light: 5 key charts
Amid a structurally tighter gas-supply outlook, less volatile 2023 prices could hold a silver lining for European gas utilities’ supply margins.
EUR/USD IG Client Sentiment: Our data shows traders are now at their least net-long EUR/USD since Feb 07 when EUR/USD traded near 1.14.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.
Oil Climbs, U.S. Pipeline Closure Adds to Supply Uncertainty
Keystone restart timetable unclear; traders worry about supply U.S. crude stocks seen lower last week, products likely up China eases COVID controls further Dec 13 Reuters Oil extended gains on Tuesday as a key pipeline bringing supply to the United States remained shut, adding to concerns about potential tightness in the world39;s biggest crude consumer. […]
Options Traders Brace for Big Swings as U.S. CPI Data
NEW YORK, Dec 12 Reuters Options traders are bracing for a week of swings in U.S. stocks ahead of key inflation data, the Federal Reserve39;s last policy meeting of 2022 and the final monthly options expiration of the year. Inflation data and the Feds outlook on monetary policy could give traders more clarity on how much further […]
Dollar Steadies in Calm before CPI and Central Bank Storm
Dollar drifts higher vs yen ahead of U.S. inflation Data due at 1330 GMT Central bank meetings coming up in U.S., Europe, UK, Switzerland SINGAPORE, Dec 13 Reuters The dollar was firm on Tuesday leading in to the release of U.S. inflation data and the final Federal Reserve meeting of the year, with investors waiting […]
European Shares Edge Higher ahead of U.S. Inflation Data
Dec 13 Reuters European shares edged up on Tuesday as investors hope inflation data from the United States later in the day could allow the Federal Reserve to dial down its aggressive approach to interest rate hikes. The regionwide STOXX 600 index was up 0.1 at 0812 a.m. GMT. Tech stocks led index gains, rising 1.2, buoyed […]
FTSE 100 Muted as Energy Gains Offset Declines in Consumer Staples
FTSE 100 and FTSE 250 flat Dec 13 Reuters UK39;s FTSE 100 was muted on Tuesday as gains in energy stocks were offset by weakness in consumer staples, dragged by a decline in British American Tobacco. The bluechip FTSE 100 was up 0.01, while the midcap FTSE 250 was also flat by 819 GMT. British American Tobacco dropped […]
Shares, Dollar Hold Steady ahead of Key Inflation Data
LONDON, Dec 13 Reuters Global stocks held steady on Tuesday, while the dollar eased modestly ahead of U.S. inflation data that could persuade the Federal Reserve and other central banks to step back from aggressive interest rate hikes. Headline consumer price pressures for November in the world39;s largest economy are expected to have fallen for […]
UK Jobless Rate Rises again but Pay Growth Keeps BoE on Edge
Jobless rate rises to 3.7, in line with Reuters poll Basic pay growth strongest on record outside pandemic BoE worried about inflation pressure in jobs market Vacancies show first annual fall since early 2021 Inactivity rate falls as older people look for work LONDON, Dec 13 Reuters Britain39;s jobless rate rose for a second month […]
Global Regulatory Forum 2022: Forging a resilient recovery
From climate policy to digital transformation, we look at vital regulatory matters for 2023 and beyond.