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European natural gas prices fell below €72/MWh on Thursday after rising over 4% the previous day, as traders continue to monitor Middle East developments and the bloc’s gas storage levels ahead of winter. Since the start of the year, Europe’s gas prices have risen 157% as uncertainty over the reopening of the Strait of
U.S. natural gas inventories increased by 53 billion cubic feet last week to 3,351 Bcf, reducing the storage surplus over the five-year average to 95 Bcf from 118 Bcf the week before, the EIA reports. The net injection into underground facilities was smaller than the 76 Bcf average increase for the…
Asian share markets edged higher as chipmakers benefited from AI demand, while oil prices eased on speculation of increased supply. The dollar dipped against the yen amid intervention concerns.
Gerdau (NYSE: GGB ) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Summary Gerdau reported a 7% increase in shipments
Summary - The overall reaction to a weaker than expect June jobs report was relatively muted. Yields ticked lower led by the short end after total payrolls missed estimates convincingly with the prior two months jobs growth revised net negative. The Household survey was even worse than the Establishment Survey, with a