Energy News
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China’s controversial plans to deploy floating nuclear reactors in the South China Sea could recalibrate the region’s power dynamics while sparking dangerous new tensions with the United States and its regional partners and allies. This month, The Washington Post reported that China is pursuing plans to develop floating nuclear reactors that could power ...
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Almost eight months after his death at age 79, the Los Angeles estate of financier Robert Day is available for the first time in nearly three decades, asking a jaw-dropping $150 million. Built in the 1970s, the Palladian-style residence known as Villa dei Fiori (Villa of Flowers) occupies three contiguous parcels with two separate addresses in Lower Bel ...
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When it comes to Contracts for Difference (CFDs), one of the most common questions among traders is how long do you hold a CFD? Unlike some financial instruments, CFDs do not have a fixed expiry date and therefore traders can use different trading strategies at their will. Nevertheless, the period that you keep a derivative will affect both your trading ...
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Global demand for liquefied natural gas (LNG) has grown over the past decade, prompting investment in new U.S. LNG export projects. Today’s note looks at the U.S. LNG projects currently under development, proposed facilities, and how investors can position to take advantages of long-term growth in LNG. Demand growth for LNG over the past decade was driven ...
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Our crude oil analysis suggests prices may bounce back in the coming days. In fact, crude oil prices managed to bounce off their worst levels, after reaching fresh multi-week lows earlier. Both Brent and WTI hit their lowest levels since mid-March, at $82.35 and $79.25, respectively, before recovering in the last couple of hours. Despite, today’s recovery, ...
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post: API Crude: 0.509M Cushing: 1.339M Gasoline: 1.460M Diesel: 1.713M
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podcast Over the first two decades of the currency union, labour productivity (output per worker) in the euro area has been weak, at least when compared to other advanced ...
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China's economy is poised for a steady rebound throughout this year, underpinned by consumption-led recovery, a robust foundation laid in the first quarter and the gradual ...
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Recent comments from a number of MPC members have hinted that a cut in Bank Rate might not be too far away and possibly rather sooner than financial markets currently expect. ...
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Over the past few years, I have published a series of essays assessing where we are in our inflation fight and highlighting some important questions policymakers are facing. My most recent essay was in February of this year, where I questioned how much monetary policy was actually restraining demand. This essay is an update to that commentary, and I now examine the current stance of monetary policy in more detail.1 I will argue that the Federal Open Market Committee (FOMC) has tightened policy significantly, compared with prior cycles, both in absolute terms and relative to the market’s understanding of neutral. But I will also observe that the housing market is proving more resilient to that tight policy than it generally has in the past. Given that housing is a key channel through which monetary policy affects the economy, its resilience raises questions about whether policymakers and the market are misperceiving neutral, at least in the near term. It is possible that once the reopening dynamics of the post-COVID economy have concluded, the macro forces that drove the low-rate environment that existed before the pandemic will reemerge, pulling neutral back down. But the FOMC must set policy based on where neutral is in the short run to achieve our dual mandate goals in a reasonable period of time. The uncertainty about where neutral is today creates a challenge for policymakers. post: FED'S KASHKARI: HOUSING MARKET IS PROVING MORE RESILIENT TO TIGHT MONETARY POLICY THAN IT HAS BEEN IN THE PAST post: FED'S KASHKARI: IT IS POSSIBLE THAT HOUSING MARKET RESILIENCE MEANS THE NEUTRAL RATE HAS BEEN PUSHED HIGHER, AT LEAST IN THE SHORT TERM. post: FED'S KASHKARI: I QUESTION POLICY RESTRICTIVENESS, GIVEN THE INFLATION DATA. post: KASHKARI: FED MUST SET POLICY BASED ON SHORT-RUN NEUTRAL RATE
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Bank of Japan Governor Ueda: • Don't see yen moves as having a big impact on trend inflation so far but there is risk impact could become more significant in the future. • Don't ...
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post: API Crude: 0.509M Cushing: 1.339M Gasoline: 1.460M Diesel: 1.713M
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video Natural gas pauses its ascent to again test resistance around the 38.2% Fibonacci retracement, which is at 2.24. Today’s high was 2.23, at the time of this writing, and natural gas is poised to end Tuesday with an inside day bullish doji hammer candlestick pattern. It reflects continuing strength in the advance. Further, Monday’s high slightly ...
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Our crude oil analysis suggests prices may bounce back in the coming days. In fact, crude oil prices managed to bounce off their worst levels, after reaching fresh multi-week lows earlier. Both Brent and WTI hit their lowest levels since mid-March, at $82.35 and $79.25, respectively, before recovering in the last couple of hours. Despite, today’s recovery, ...
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Balyasny Asset Management is setting up a unit to trade physical natural gas and power in Denmark in a bid to generate more profit from its growing commodities business, people familiar with the matter said. The firm is still building out the portfolio and systems and registering itself as a counterparty to allow it to trade with entities including ...