Natural Gas
When All Else Fails, Erdogan Calls Israel
Submitted by Tyler Durden on 12/18/2015 21:30 -0500The announcement of the restoration of Israel-Turkish relations should be seen in the context of Turkey having nowhere else to go.
Crude Crashes To Cycle Lows After Oil Rig Count Surges
Submitted by Tyler Durden on 12/18/2015 13:09 -0500WTI crude has collapsed to cycle lows after the US oil rig count surged by 17, the largest jump in 5 months.
Futures Slide As Quad-Witching Has A Violently Volatile Start After Massive BOJ FX Headfake; Oil Tumbles
Submitted by Tyler Durden on 12/18/2015 06:49 -0500- Australia
- Bank of Japan
- Beige Book
- Bond
- Central Banks
- China
- Copper
- CPI
- Crude
- Crude Oil
- default
- Economic Calendar
- Equity Markets
- Federal Reserve
- fixed
- France
- Germany
- headlines
- Hong Kong
- Hungary
- Initial Jobless Claims
- Japan
- Jim Reid
- Kuwait
- Markit
- Mexico
- Monetary Base
- Monetary Policy
- Natural Gas
- New Zealand
- Nikkei
- Norges Bank
- Philly Fed
- Precious Metals
- Price Action
- RANSquawk
- Real estate
- Sheldon Adelson
- Ukraine
- Volatility
- Yen
Following the latest BOJ statement, the market found itself wrongfooted assuming the BOJ was actually launching another episode of easing, sending the USDJPY soaring, until suddenly the realization swept the market that not only was the incremental action not really material, but even Kuroda spoke shortly after the announcement, confirming that "today's decision wasn't additional easing." The result was one of the biggest FX headfakes in recent days, perhaps on par with that from December 4 when EUR shorts were crushed, as the biggest carry pair first soared then tumbled and since the Yen correlation drives so many risk assets, also pulled down not only Japanese stocks but US equity futures.
"Just Wait For The Bankruptcies" - The Latest Market That "Is In Real Trouble"
Submitted by Tyler Durden on 12/17/2015 13:50 -0500Natural-gas fell to the lowest ever inflation-adjusted price in its history of NYMEX trading on Wednesday as extremely warm weather continues to limit demand. As we recently explained, the glut in nattie is worse than that facing the crude complex, and while the glut in oil is expected to continue for the next year or so before balancing in late 2016, the pain for liquefied natural gas (LNG) could be just beginning. As one trader warned "this market is in real trouble...just wait for the bankruptcies."
European Nations Throw Up On EU Plan To Seize Border Sovereignty, Impose Standng Border Force
Submitted by Tyler Durden on 12/15/2015 15:13 -0500“Strengthening Frontex, creating a kind of border guard would by all means be needed, beneficial,” he said on his way into a meeting of EU foreign ministers in Brussels. “But the way the commission proposed it—for it to be a structure independent from nation states—is astounding.” He added: “There’d be an undemocratic structure reporting to no one knows who.”
Frontrunning: December 15
Submitted by Tyler Durden on 12/15/2015 07:51 -0500- Global stocks rise but oil, Fed keep investors nervous (Reuters)
- Janet Yellen: An orthodox economist for unorthodox times (Reuters)
- House Democrats Said to Be Open to Lifting Oil Export Ban (BBG)
- Don't Count on an Oil Rally If U.S. Crude Export Ban Is Lifted (BBG)
- Germany welcomes 34-state Islamic military alliance against terrorism (Reuters)
- U.S. soldier Bergdahl may face life sentence in court-martial over desertion (Reuters)
NRG Energy is a Free Roll on Natural Gas Prices
Submitted by EconMatters on 12/14/2015 13:12 -0500There is no cure for low natural gas prices like low natural gas prices.
- EconMatters's blog
- Login or register to post comments
- Read more
NatGas Bloodbath Accelerates Amid LNG Glut Worse Than Oil
Submitted by Tyler Durden on 12/14/2015 09:30 -0500With Nattie down 6% in early trading, the most in 2 months, pressing to new record lows and oil prices continuing their carnage, the energy complex is a mess. OilPrice.com's Nick Cunningham warns, while the glut in oil is expected to continue for the next year or so before balancing in late 2016, the pain for liquefied natural gas (LNG) could be just beginning...
Futures Resume Slide After Oil Tumbles Below $35, Natgas At 13 Year Low; EM, Junk Bond Turmoil Accelerates
Submitted by Tyler Durden on 12/14/2015 06:51 -0500- Across the Curve
- Australia
- Barclays
- Bear Stearns
- Bond
- China
- Copper
- Crude
- Crude Oil
- default
- Deutsche Bank
- Equity Markets
- fixed
- Foreclosures
- Global Economy
- High Yield
- Iran
- Japan
- Jim Reid
- Lehman
- Monetary Policy
- Nat Gas
- Natural Gas
- Nikkei
- OPEC
- Precious Metals
- RANSquawk
- RBS
- Recession
- recovery
- Renminbi
- Yuan
- Zurich
With just 72 hours to go until Yellen decides to soak up to $800 billion in liquidity, suddenly we have China and the Emerging Market fracturing, commodities plunging, and junk bonds everywhere desperate to avoid being the next to liquidate.
Morons At The Precipice
Submitted by Tyler Durden on 12/12/2015 13:25 -0500Seven years of zero rates, massive monetary inflation and incessant market backstopping have desensitized and anesthetized. Rational thought ultimately succumbed to "perpetual money machine" quackery. And now all of this greatly increases vulnerability to destabilizing market dislocations, as senses are restored and nerves awakened. "A lot of this looks like late 2007 or early 2008," warns one manager, but today, market mispricing is systemic and global – virtually all securities classes at home and abroad.
NRG Energy is a Definite Takeout Candidate
Submitted by EconMatters on 12/11/2015 11:14 -0500He got caught up in the future of energy, instead of focusing on maximizing profits and running the business in the here and now.
Producer Prices Rises Most In Five Months, Service Inflation Highest In Over A Year
Submitted by Tyler Durden on 12/11/2015 09:00 -0500Following a miss in retail sales (if slight beat in core spending), the final key economic update the Fed will look at before its "first rate hike in nine years" meeting next week is today's Producer Price Inflation report which rose 0.3%, above the expected unchanged print and even higher compared to October's -0.4% decline. The report showed that while the decline in energy prices continued as expected, sliding 0.6% in the Final Demand Goods category, there was a surprising pickup in final demand services, which rebounded by 0.5% driven by Trade which rose 1.2% from the prior month, driven by an unexpected pickup in margins for apparel, jewelry, footwear, and accessories retailing.
FT Bombshell: EU Unveils Standing Border Force That Will Act "Even If A Government Objects"
Submitted by Tyler Durden on 12/10/2015 23:24 -0500"The move would arguably represent the biggest transfer of sovereignty since the creation of the single currency."
How Electricity Markets Could be Upended By This Supreme Court Decision
Submitted by Tyler Durden on 12/10/2015 12:30 -0500The Supreme Court may shortly decide an obscure case entitled Federal Energy Regulatory Commission v. Electric Power Supply Association (FERC v EPSA). The issue before the court is whether FERC can compel regional power markets to pay consumers who reduce their electricity usage at critical peak periods. And if so, at what price?
China Exports Most Deflation To The US Since The Financial Crisis
Submitted by Tyler Durden on 12/10/2015 08:59 -0500While the headline import price figure suggested there is some hope that import prices will improve at the headline level in the coming months, something else has emerged which suggests that the real importing of others' deflation is only just starting. Or rather, someone else. China.



