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  • Natural Gas Price Analysis for Sept. 23, 2022

    From fxdailyreport.com

    Natural gas is in selloff mode recently, but the commodity remains in a longer-term uptrend. Price could make its way down to test the rising trend line visible on its daily time frame next. Price just broke below a short-term head and shoulders pattern, signaling that a selloff is underway. This could lead to a drop down to the $7.000 area near the trend line and 200 SMA dynamic inflection point. On the subject of moving averages, the 100 SMA is above the 200 SMA to confirm that the path of least resistance is to the upside or that support is more likely to hold than to break. In that case, buyers could defend the ... (full story)

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    UK government dishes out extensive tax cuts as country braces for recession

    From cnbc.com|Sep 23, 2022|11 comments

    The new U.K. government announced a sweeping program of tax cuts and investment incentives Friday, as Prime Minister Liz Truss seeks to boost the country’s faltering economic ...

    New tropical system could threaten Gulf Coast oil industry

    From youtube.com/cnbctelevision|Sep 23, 2022

    AccuWeather Meteorologist Adam Del Rosso joins Shep Smith to report on another potential hurricane forming in the Caribbean. Forecasters say this one could cause havoc with oil ...

    UK business activity declines at quickest rate since January 2021, as cost pressures remain high...

    From pmi.spglobal.com|Sep 23, 2022|1 comment

    The latest UK Flash PMI® data, compiled by S&P Global on behalf of CIPS, pointed to a further decline in UK private sector output during September. Though modest, the rate of ...

    •   Newer Stories
    ECB studying options to cut rate subsidy to banks - Sources

    From @DeItaone|Sep 23, 2022|1 comment

    tweet at 6:43am: ECB STUDYING OPTIONS TO CUT RATE SUBSIDY TO BANKS - SOURCES ECB FOCUSED ON CHANGING TLTRO TERMS TO REDUCE PAYOUTS - SOURCES tweet at 6:43am: SCRAPPING ECB REMUNERATION ON MANDATORY RESERVES OR SOME EXCESS RESERVES ALSO AN OPTION - SOURCES https://t.co/gyBmXetGno

    Why Removing The UK Fracking Ban May Have Been Pointless

    From oilprice.com|Sep 23, 2022

    Earlier this week, the UK government lifted the moratorium on hydraulic fracturing in England, removing what seems the biggest obstacle to greater energy security. According to ...

    Retail trade, July 2022

    From statcan.gc.ca|Sep 23, 2022|3 comments

    Retail sales decreased 2.5% to $61.3 billion in July, the first decline observed in seven months. Sales were down in 9 of 11 subsectors, representing 94.5% of retail trade. The ...

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  • Posted: Sep 23, 2022 6:38am
  • Submitted by:
     Newsstand
    Category: Technical Analysis
    Comments: 0  /  Views: 179
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