Natural Gas Aug 26 (NGQ26.NYM)
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What the commodity rally means for inflation
The commodity sector has been rallying, reaching all-time highs, but what does this mean for the Federal Reserve's fight against inflation? HSBC Chief Multi-Asset Strategist Max Kettner joins Catalysts to discuss his outlook. Kettner says the commodity rally has not "reignited a lot of those inflationary concerns." He notes that rallies such as the one occurring in Gold (GC=F) are coming from central bank buying. He also points out that commodities benefitted from less diversification happening in areas such as bonds coming off the Fed's rate hike cycle, pushing assets like Gold higher as well. On the natural gas front, Kettner says he is not concerned, though he cautions if oil (CL=F, BZ=F) and natural gas (NG=F) prices were to rise simultaneously, it could pose a problem for markets. However, he says current energy prices in the US are still "relatively tame," adding that this indicates "we're nowhere near hitting that 2% inflation target anytime soon." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
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Oil prices rise as crude inventories fall, inflation eases
Oil (BZ=F, CL=F) is on the rise as US crude stockpiles begin to decline, showing signs of increased demand. In addition, notably, natural gas prices (NG=F) have risen over 50% within the past two months, also showing signs of increased demand. Yahoo Finance Reporter Ines Ferré joins Market Domination Overtime to break down the latest developments for oil and natural gas prices. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
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Gas prices could rise $0.10 per gallon this summer: EIA
Americans may feel a strain on their wallets at the gas pump during the upcoming summer season. According to a report from the US Energy Information Administration (EIA), gas prices are projected to rise by approximately 10 cents per gallon over the summer months, potentially reaching an average of $3.70 per gallon nationwide. Yahoo Finance's Ines Ferré breaks down the factors contributing to this anticipated surge in gas prices. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
