Huge December Payrolls Miss: 140,000 Jobs Lost, Worst Month Since April (SPY +0.4%). SP Futures Hit Record High Above 3,800 Ahead Of Dismal Payrolls Report.
Here is the current market situation from CNN Money
European markets are mixed today. The DAX is up 0.70% while the CAC 40 gains 0.70%. The FTSE 100 is off 0.08%.
What Is Moving the Markets
Here are the headlines moving the markets.
The Future For Natural Gas Is Far From Certain Natural gas seems to be locked in a range that prevents it from being truly economic across the demand cycle. As you can see from the graphic below, for about half of 2020 it was below the $2.00 mark. Weather forecasts for a cold winter, beginning in August of 2020, began to ramp it toward its ultimate 2020 high of ~$3.50 per MCF on October 30th. If you average out the 2020 sales price for gas you get something like $2.17 MCF. MarketWatch Thats a price that most of the gas drillers can make a little money on, but it does nothing for their