S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
US natural gas prices fell to around $2.74/MMBtu on Tuesday, retreating after a two-day advance as strong production, ample inventories, and weaker LNG feedgas demand weighed on the market. Output in the Lower 48 states averaged a record 111.5 bcfd in August so far, up from 110.7 bcfd in July, adding to supply pressure as gas inventories are 6.7% above their five-year seasonal average. At the same time, gas flows to the nine major LNG export facilities eased to 17.1 bcfd so far this month from 17.2 bcfd in July, leaving more supply available to the domestic market. Reports showed Cheniere Energy’s Corpus Christi LNG plant in Texas continued to record lower natural gas intake on Monday, indicating that maintenance work is still ongoing. Meanwhile, weather forecasts turned slightly cooler than previously expected, although above-average temperatures are still forecast across Texas and the Southwest through September 7, keeping demand for cooling elevated.
