Natural-gas prices (NGG26) are up more than +21% today to a 6-week high, adding to Tuesday’s +26% surge, and are boosting nat-gas producers. An Arctic cold front is set to bring cold temperatures to much of the eastern US, boosting heating demand and potentially leading to freeze-offs in wells and disrupting US nat-gas production.Gold prices (GCG26) rallied another 1% today, hitting a new record high, and are lifting mining stocks amid the Greenland crisis, which is prompting safe-haven buying of precious m ...

Natural-gas prices (NGG26) are up more than +21% today to a 6-week high, adding to Tuesday’s +26% surge, and are boosting nat-gas producers. An Arctic cold front is set to bring cold temperatures to much of the eastern US, boosting heating demand and potentially leading to freeze-offs in wells and disrupting US nat-gas production.Gold prices rallied another 2% today, hitting a new record high, and are lifting mining stocks as the Greenland crisis prompted safe-haven buying of precious metals. Also, concerns ...

The market’s focus this week will be on economic news and any fresh tariff developments, the next Fed Chair, and Greenland. On Wednesday, Dec pending home sales are expected to fall -0.5% m/m. On Thursday, initial weekly unemployment claims are expected to climb by +12,000 to 210,000. Also, Q3 GDP is expected to be unrevised at +4.3% (q/q annualized). In addition, Nov personal spending is expected to be up +0.5% m/m, and Nov personal income is expected to rise +0.4% m/m. Finally, the Nov core PCE price inde ...