The combination of falling domestic production, steady consumption growth, and the ongoing structural shift to cleaner sources of energy will require greater imports of natural gas by European consumers. Critically, Europe…
Highlights Recommended Allocation The coronavirus pandemic is not over. Enormous fiscal and monetary stimulus will soften the blow to the global economy, but there remain significant risks to growth over the next 12 months…
Natural gas loves volatility, but disciplined investors can still unearth pockets of tremendous value. For one, every time prices have fallen 50% on an annual basis, accumulating some futures has proved profitable, sometimes to the…
One of the sectors that benefits from a falling greenback is the S&P energy sector. The energy sector enjoys a tight inverse correlation with the US dollar (top panel) as the sector has 8 percentage points higher foreign…
Highlights Falling volatility in oil-trading markets will remain suspect while the massive economic uncertainty plaguing global markets persists. Geopolitical risk also will remain high, as the US and China return to loggerheads and…
Highlights US dry gas production – the gas traded on futures exchanges and consumed by firms and households – is expected to fall ~ 2.5% this year to 89.7 bcf/d. Consumption will be down ~ 4% to 74.3 bcf/d. High…
BCA Research's Commodity & Energy Strategy service expects US natgas prices to recover slowly in 2H20 and pick up steam in 2021 as demand recovers and LNG export growth resumes. However, prices will not rally as much as…
Please note that yesterday we published Special Report on Egypt recommending buying domestic bonds while hedging currency risk. Today we are enclosing analysis on Hungary, Poland and Colombia. I will present our latest thoughts on the…
In a webcast this Friday I will be joined by our Chief US Equity Strategist, Anastasios Avgeriou to debate ‘Sectors To Own, And Sectors To Avoid In The Post-Covid World’. Today’s report preludes five of the points…