Market Sentiment Watch: With no economic data to be released today and option expiry we would normally expect a dull session. However, the first rate cut from China in over two years and dovish comments from the ECB are sending futures higher early. In energyland, all eyes remain locked on Iran nuclear talks and OPEC regular meeting pre chatter at this point and so we could see extra bouts of volatility as traders make bets on the commodity. Comments out of Russia this morning hint at more coordination than usual from the oft invited but seldom cooperative biggest non-OPEC player. In today's post please find the natural gas inventory slide show (slightly bigger than expected withdrawal), another couple of hedged oil player sensitivity reads, and some other odds and ends.
- No economic data.
In Today’s Post:
- Holdings Watch
- Commodity Watch
- Natural Gas Inventory Review
- Stuff We Care About Today – EBITDA Sensitivities (OAS, RSPP)
- Odds & Ends
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