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Moves to curb inbound investment in the sector. Natural gas prices continue to grind higher in a tight range. Support on natural gas is seen near the 50-day moving average.85. While China announced that it might push back with tariffs on oil, they are unwilling to do this with natural gas as it is one of the products that could help to even out the current trade deficit. Traders now await the EIA inventory report which is scheduled to be released on Thursday. .
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China plans to push back according to President Xi following a meeting with some 20 mainly American executives of multinational firms. Warmern than normal weather during the summer cooling season should boost natural gas demand. Prices were slightly up on the day, as warmer than normal weather is forecast to cover most of the United States for the next 8-14 days. .
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Resistance is seen near the 10-day moving average.95. Becomes a larger player in the LNG space, global gas demand will grow.
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Momentum is neutral as the macd (moving average convergence divergence) histogram is printing near the zero-index level with a flat trajectory which reflects consolidation. . Traders expected a double digit draw, and stocks to remain within the 5-year average range. That news may have contributed the second leg lower on stocks, especially with tech and tech related stocks already under pressure after.S. The RSI (relative strength index) is moving sideways and printing a reading of 52, which is in the middle of the neutral range and also reflects consolidation.
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Outside of reciprocal tariffs, China may choose to block M A deals, delay licenses for trade, devalue the yuan, boost import inspections or use moral suasion on its massive populous to avoid American products. Has threatened if China responds. There also remain some 400 billion in levies that the.S.
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Natural gas prices continue to grind higher in a tight range. Prices were slightly up on the day, as warmer than normal weather is forecast to cover most. Governor, sir Richard MacDonnell's summer home, where they could take advantage of the cooler climate. If you havent invested in bitcoin - DO IT NOW! I'd also like for test publishers to agree on the parameters of the 'average range be consistent with testing terms, require users to report on the software version scores are produced by, W/CSS/Growth scores to be reported and used to measure progress, for people.