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 declined below $2.70 per MMBtu, reaching their lowest level in more than three months, as expectations for weaker demand and milder weather weighed on the market. Forecasts pointed to moderating temperatures across much of the country in the coming weeks, reducing the likelihood of a significant increase in gas consumption. Prices have also been pressured by record production levels and ample inventories, with storage volumes remaining above the five-year average since March due to strong output and mild spring conditions. Analysts expect inventories to stand around 6.6% above normal for the week ended July 31. US Lower 48 gas production averaged a record 110.7 billion cubic feet per day in July, while flows to major LNG export facilities declined due to maintenance disruptions. Meanwhile, improving prospects for a US-Iran agreement and potential reopening of the Strait of Hormuz further reduced energy market concerns and added downward pressure on prices.
