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June 15, 2023
US Natural Gas gains 7.64%, putting it at the top of this list of commodities gainers.
Markets are mixed with Soybeans up 2.8%, trading at $1,274.75. Heating Oil up to $2.43, gaining 2.87%.
Current market events are being influenced by ambiguous macro data as data for United States Retail Sales released today at 12:30 UTC is better than expected with 0.3%, but worse than previous figure of 0.4%.
+7.64%: Energy in focus as bullish NYMEX Natural Gas posts 7.64% gain
This session seems to remain in the same lane for now — Natural Gas rallies 17.9 cents (7.64%) deep into the session, trading at $2.52 per MMBtu.
+3.1%: Grains traders focused on CME Corn as it powers 3.1% higher
Heading in the same direction for now — CME Corn trades at $566.25 per bushel after gaining $17 (3.1%).
Oats gains positive traction for a 10th successive day
Consistent for now — after closing the previous trading day at $396.75, Oats is up to $412 per bushel, which makes for a move of 3.84%/$15.25 today.
