RANsquawk DAILY EUROPEAN OPENING NEWS – 17/05/12
May 17th
ASIA 10-yr JGBs were seen down 18 ticks at 143.31 heading into the European session, as
participants fled safe-haven assets following the good Japanese GDP data overnight. Last price
taken at 0635BST. (RANsquawk) Japanese GDP (Q1 P) Q/Q 1.0% vs. Exp. 0.9% (Prev. -0….
NG trading wel above $2.50 level next resistance at $2.60
May 16th
Nat Gas futures have once again captured the $2.50/mmbtu resistance level and has continued to
trade above this level throughout the entire session so far….
Morning Natural Gas Market Report
May 16th
June natural gas prices traded higher during the initial morning hours, building off of
yesterday's outside day reversal. While there has been a number of conflicting weather
forecasts this week that have made it difficult to estimate demand for natural gas, the…
Two more North American LNG export projects planned
May 16th
Energy companies announced two multibillion-dollar North American liquefied natural gas export
plants on Tuesday, adding to a lengthening list of projects aimed at shipping surplus gas overseas
to take advantage of more lucrative markets.
RANsquawk DAILY US OPENING NEWS – 16/05/12
May 16th
? Greece confirms the passover to a caretaker government and a second wave of general elections due
on June 17th. ? BoE revise their near-term inflation expectations higher, and their growth
forecasts lower; alongside analyst expectations….
RANsquawk DAILY ENERGY COMMENTARY – 16/05/12
May 16th
WTI and Brent crude futures are trading markedly lower ahead of the NYMEX pit open amid ongoing
European macroeconomic concerns, reaching multi-month lows ahead of the European open….
RANsquawk DAILY EUROPEAN OPENING NEWS – 16/05/12
May 16th
ASIA JGBs prices were seen up sharply heading into the European session, 10-yr JGBs were up 25
ticks at 143.50. Market participants continue to seek safe-haven assets due to the ongoing Greek
concerns. Last price taken at 0628BST….
NG hold support
May 15th
Not much new in the Nat Gas sector from yesterday other than yesterday’s sell-off seems to have
been arrested for the time being. The intermediate technical support level of around $2….
Morning Natural Gas Market Report
May 15th
June natural gas prices slumped to a new five day low overnight but appeared to stabilize during
the early morning action. Perhaps that is follow through action from yesterday’s decline that broke
a five day winning streak….
Obama administration not opposed to LNG exports
May 15th
The Obama administration is not opposed to exporting liquefied natural gas but will depend on an
official analysis to guide its decision on whether to allow more gas export projects to proceed, a
White House official said on Monday.


