TTF gas prices drop over 7% – ING
FXStreetApr 10, 2025 9:29 AM
European natural gas prices plunged sharply, with TTF falling over 7% amid heavy fund selling. A pause in tariffs may offer a temporary lift, but market positioning remains cautious, ING’s commodity analysts Warren Patterson and Ewa Manthey note.
Tariff pause may lift gas market
"European natural gas prices came under significant pressure yesterday with TTF falling by more than 7%. However, the tariff pause should see the gas market opening higher today. Meanwhile, the latest positioning data shows that investment funds have been heavily selling TTF."
"Funds sold 19.7TWh over the last reporting week to leave them with a net long of 126.3TWh -- the smallest net long since May last year."
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Tempus AI: Architecting the Next Era of Intelligent Diagnostics
TradingKey - Tempus AI (TEM) is leading a tectonic transformation of how the healthcare system utilizes diagnostics, not simply ordering tests, but correlating them with patient-level data and incorporating AI to make all insight tailored to each individual.TradingKey
11 hours ago
Why Rigetti Is Positioning Itself for the Next Compute Revolution
TradingKey - Being a full-stack innovator in the race to achieve quantum advantage, Rigetti Computing (RGTI) has developed a vertically integrated superconducting quantum computing platform just when the industry is still in its early stage and undergoing tremendous growth.TradingKey
15 hours ago
Q1 2025 Market Forecast: What Bank Results Indicate About the Direction of the Stock Market
TradingKey - As the first quarter of 2025 is wrapping up, investors are piecing together a more detailed view of the next direction of the stock market.TradingKey
16 hours ago
VIX Off Its Highs — Is a U.S. Market Rebound Taking Shape?
TradingKey - The Cboe Volatility Index (VIX), widely regarded as Wall Street’s "fear gauge," has dropped sharply after briefly surging above 50 last week. It has since pulled back to the 30 range.TradingKey
Fri, Apr 18
[Reuters Breakingviews] Trump kicks all of Asia into the China tariff boat
HONG KONG, April 3 (Reuters Breakingviews) - Donald Trump’s second trade war is a battle of one against all. Reciprocal tariffs announced on Wednesday by the White House hit China with a hike of 34 percentage points, taking the fresh levies on exports from the People’s Republic up 5...Reuters
Thu, Apr 3
