US Natural Gas Reserves Dip: A 100 Bcf Drop Signals Market Shifts
The US has seen a significant 100 Bcf drop in natural gas inventories, with a 9.7% decrease year-over-year and a 2.8% drop compared to the five-year average, according to the EIA.
Economy News
ECB's Nagel Urges EU to Invest €1.2 Trillion Annually for Climate Goals
Joachim Nagel of the ECB highlights the EU's need for over €1.2 trillion annual investment to meet 2030 climate goals, with Germany requiring €390 billion yearly. Private sector in...
US Treasury Achieves $25B in 30-Year Bonds Sale with a 4.748% Yield: A Deep Dive into the Auction's Outcome
The US Treasury successfully auctioned $25 billion in 30-year bonds at a 4.748% yield, with a bid-to-cover ratio of 2.33. Direct bidders took 18.6%, and indirect bidders 65.1%, lea...
Switzerland's Inflation Rate Drops to 0.4% in January: A Detailed Analysis
Switzerland's inflation rate decreased to 0.4% in January, down from December's 0.6%, aligning with analysts' expectations. The CPI dropped by 0.1% monthly, influenced by lower pri...
U.S. Jobless Claims Drop to 213,000: A Slight Decline Beyond Expectations
The United States reports a decrease in initial jobless claims to 213,000, with the insured unemployment rate steady at 1.2%. The labor market shows signs of resilience with these ...
Joachim Nagel Urges EU to Invest €1.2 Trillion Annually for Climate Goals
Joachim Nagel, a prominent ECB official, emphasizes the EU's need to invest over €1.2 trillion annually to meet its 2030 climate goals, with Germany requiring €390 billion per year...
US Treasury Achieves Successful $25B 30-Year Bond Auction at 4.748% Yield
The US Treasury successfully auctioned $25 billion in 30-year bonds at a high yield of 4.748%, with a bid-to-cover ratio of 2.33. The auction reflects current economic trends and i...
Global Oil Demand Set to Rise: IEA Forecasts 1.1M bpd Growth by 2025
The International Energy Agency forecasts a growth in global oil demand to 1.1 million bpd by 2025, with China, India, and Other Asia leading the increase. Global oil supply is als...
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