FXEmpire.com - Key Insights
Working gas in storage grew by 32 Bcf from the previous week.
Stocks are 484 Bcf higher than last year at this time.
Natural gas continues its attempts to settle above the resistance at $2.80 – $2.85.
On August 31, EIA released its Weekly Natural G
Russia sees no sign it will receive the guarantees it requires before resuming a deal allowing Ukraine to ship its grain through the Black Sea, but can return to it "tomorrow" if Western promises to Moscow are fulfilled, Russian Foreign Minister Sergei Lavrov said on Thursday.
Shares of marijuana companies climbed as much as 14% in morning trading on Thursday after the Department of Health and Human Services recommended its reclassification as a lower-risk substance following an 11-month review.
Transparency from the Mexican government on flight operations in Mexico City is a concern, U.S. carrier Allegiant Air argued in a presentation made public Wednesday, appearing to confirm the U.S. government's worries over a federal order moving cargo flights out of the capital's main airport.
U.S.-listed shares of marijuana companies rose up to 7% in premarket trading on Thursday after the Department of Health and Human Services recommended reclassification as a lower-risk substance following an 11-month review.
Tunisia's state grains agency is believed to have purchased about 100,000 metric tons of durum wheat and 50,000 tons of animal feed barley in international tenders on Thursday, European traders said.
India's economy grew at its fastest pace in a year in the June quarter, supported by strong services activity and robust demand, data released by the government showed on Thursday.
India's economy grew 7.8% in April-June quarter from a year earlier, compared with 6.1% growth in the previous quarter, government data showed on Thursday.
Hormel Foods on Thursday cut its annual revenue and profit targets after missing quarterly results as the Skippy peanut butter maker wrestled with lower pork and turkey prices and sluggish demand in key market China.
Chicago wheat fell more than 1.5% on Thursday and was on track for a monthly fall of 10%, its biggest since May 2022, amid plentiful supplies from top exporter Russia.
Copper prices slid on Thursday as data from top consumer China showed further shrinkage in the country's manufacturing sector highlighted poor demand prospects, while a stronger dollar reinforced negative sentiment.
The lowest price offered in the international tender from Tunisia's state grains agency on Thursday to purchase about 75,000 tonnes of durum wheat was believed to be $426.49 a tonne c&f for optional-origin supplies, European traders said in initial assessments.
The Kremlin said on Thursday that Russia remained a reliable supplier of grain despite obstacles created by Western countries, and that food shortages in Africa were nothing to do with Moscow.
Airlines using the Mexico City International Airport (AICM) will have their operations at the hub limited once again, as the busiest airport in Latin America cuts flights to 43 per hour, according to a government decree published in the official gazette on Thursday.
Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) has bought an estimated 135,000 metric tons of animal feed corn in an international tender for up to 138,000 tons on Thursday, European traders said.
Indonesia will launch in September an 8 trillion rupiah ($525.45 million) social assistance programme to hand out more rice to lower-income households, President Joko Widodo said on Thursday, to control rising prices of staple foods.
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