Markit Commodities Pricing Data

Size: px
Start display at page:

Download "Markit Commodities Pricing Data"

Transcription

1 4th Floor tel Ropemaker Place fax Ropemaker Street London EC2Y 9LY United Kingdom Highlights World Coal Coal prices continued to increase for the third consecutive month with the IHS Markit Daily Commodities assessment of the API2 Dec-17 contract up 6.3% on the previous month and up over 17.2% since the beginning of the year. Explanations for the rise on the supply side include a shortage of SCOTA coal, Columbia shipping into Asia rather than their traditional customer base in Europe and issues with supply from Russia. On the demand side, hotter weather has increased demand for air conditioning in Southern Europe. North American Gas The Henry Hub Dec-17 contract continued to fall, with the front end of the curve significantly lower than it s equivalent six months ago. European Power European power prices continued their upward trend with the IHS Markit Daily Commodities Dec-17 aggregated European power price up 7.5% since May. Crude Oil Slight recovery seen at the front end of the Brent crude oil forward curve as the contango decreases. Contents Crude Oil European Gas European Power World Coal US Power North American Natural Gas

2 Volatility (%) 12m Vol (%) Price (USD/BBL) Fwd Price (USD/BBL) Crude Oil Brent Bullet Forwards Oct'17 Sep'18 Aug'19 Jul'20 Jun'21 May' Brent Bullet ATM Volatility 32% 28% 26% 24% 22% 20% 18% Oct'17 Oct'18 Oct'19 Oct'20 Oct'21 Oct'22 32% 31% 31% 29% 29% 28% 28% 27% Dec - 17 Time Series 2

3 Price (EUR/MWH) 12m Fwd Price( EUR/MWH) Price (EUR/MWH) 12m Fwd Price (EUR/MWH) European Gas Aggregated European Gas Forwards Curve composition: TTF Gas, PEG North and Gaspool Forwards Sep' /03/ /05/ /07/2017 European Power Aggregated European Power Forwards Curve composition: French, German, Dutch and Italian Power Baseload Forwards

4 Price (USD/MWH) Fwd Price (USD/MWH) Price (USD/MT) Fwd Price (USD/MT) World Coal Aggregated World Coal Forwards Curve composition: Coal API2, Coal API4 and Coal NEWC Forwards Sep'17 Dec'17 Mar'18 Jun'18 Sep'18 Dec' US Power ERCOT North Peak RT Forwards

5 Price (USD/MWH) Fwd Price (USD/MWH) Price (USD/MWH) Fwd Price (USD/MWH) Ercot South Peak RT Forwards PJM West Peak RT Forwards

6 Volatility (%) Vol (%) Price (USD/MMBTU) Fwd Price (USD/MMBTU) North American Natural Gas Henry Hub Bullet Forwards Aug'17 Dec'18 Apr'20 Aug'21 Dec'22 Apr' Henry Hub Bullet ATM Volatility 50% 45% 40% 35% 25% 20% 15% 33% 33% 33% 6

7 Daily Coverage Daily services currently have 26 contributors USPG 330 curves published Most popular underlyers ATM 16 OTM 9 AECO BASIS DOMINION SOUTH BASIS HOUSTON SHIP BASIS Forwards 305 PG 48 curves published Most popular underlyers ATM 7 OTM 1 TTF GAS UK GAS COAL NEWC Forwards 33 Oil 81 curves published Most popular underlyers OTM 9 BRENT (BULLET) DATED / BRENT ULSD 10PPM CIF NWE / IPE GASOIL ATM 13 Forwards 53 Joel Walker Director - Totem IHS Markit Tel: mk-commoditiescommunication@markit.com For further information, please visit 7

Orders received increased to EUR 3.1 billion and Comparable EBITA to EUR 196 million in 2016

Orders received increased to EUR 3.1 billion and Comparable EBITA to EUR 196 million in 2016 Orders received increased to EUR 3.1 billion and Comparable EBITA to EUR 196 million in 216 Financial Statements Review 216 February 8, 217 Pasi Laine, President and CEO Kari Saarinen, CFO Agenda Financial

More information

Historical Pricing PJM COMED, Around the Clock. Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22

Historical Pricing PJM COMED, Around the Clock. Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22 $50 Historical Pricing PJM COMED, Around the Clock $48 $46 $44 $42 $40 $38 $36 $34 $32 $30 $28 $26 Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22 The information presented above was gathered

More information

Historical Pricing PJM PSEG, Around the Clock. Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22

Historical Pricing PJM PSEG, Around the Clock. Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22 $70 Historical Pricing PJM PSEG, Around the Clock $65 $60 $55 $50 $45 $40 $35 $30 $25 Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22 The information presented above was gathered and compiled

More information

ICE Futures Implied Prices

ICE Futures Implied Prices ICE Futures Implied Prices ICE Futures has expanded implied pricing capability for each of its Futures contracts. The platform fully implies prices much farther out the curve. It broadcasts implied prices

More information

Orders received increased in Services focus continues to be on profitability improvement

Orders received increased in Services focus continues to be on profitability improvement Orders received increased in Services focus continues to be on profitability improvement Interim Review, January March 215 April 29, 215 Pasi Laine, President and CEO Markku Honkasalo, CFO Agenda Interim

More information

FEDERAL RESERVE BANK OF MINNEAPOLIS BANKING AND POLICY STUDIES

FEDERAL RESERVE BANK OF MINNEAPOLIS BANKING AND POLICY STUDIES FEDERAL RESERVE BANK OF MINNEAPOLIS BANKING AND POLICY STUDIES Minneapolis Options Report December 13 th Commodity Markets Option trading rose relative to two weeks ago to a more average level last week

More information

Market report December 2007

Market report December 2007 Market report December 2007 - Power - Certificates - Coal Disclaimer: This document is published by RWE Trading GmbH for information purposes only. It was not written or compiled with the intention that

More information

Commerzbank Energy & Carbon Seminar

Commerzbank Energy & Carbon Seminar Commerzbank Energy & Carbon Seminar Trends, challenges and outlook for the energy and carbon markets in 2016 marketing material for information purposes only Ingo Ramming A 5 bet on Leicester City winning

More information

XML Publisher Balance Sheet Vision Operations (USA) Feb-02

XML Publisher Balance Sheet Vision Operations (USA) Feb-02 Page:1 Apr-01 May-01 Jun-01 Jul-01 ASSETS Current Assets Cash and Short Term Investments 15,862,304 51,998,607 9,198,226 Accounts Receivable - Net of Allowance 2,560,786

More information

Energy and commodity price benchmarking and market insights

Energy and commodity price benchmarking and market insights Energy and commodity price benchmarking and market insights London, Houston, Washington, New York, Portland, Calgary, Santiago, Bogota, Rio de Janeiro, Singapore, Beijing, Tokyo, Sydney, Dubai, Moscow,

More information

Air BP Managed price physical supply. Global expert, local partner.

Air BP Managed price physical supply. Global expert, local partner. Air BP Managed price physical supply Global expert, local partner. Making progress against price headwinds Oil markets can be volatile. Even minor changes in world events can cause large and sudden fluctuations

More information

Market report January Power - Certificates - Coal

Market report January Power - Certificates - Coal Market report January 2008 - Power - Certificates - Coal Disclaimer: This document is published by RWE Trading GmbH for information purposes only. It was not written or compiled with the intention that

More information

SaskEnergy Commodity Rate 2011 Review and Natural Gas Market Update

SaskEnergy Commodity Rate 2011 Review and Natural Gas Market Update SaskEnergy Commodity Rate 2011 Review and Natural Gas Market Update The following is a discussion of how SaskEnergy sets its commodity rate, the status of the natural gas marketplace and the Corporation

More information

Orders received, net sales and profitability increased

Orders received, net sales and profitability increased Orders received, net sales and profitability increased Interim Review, January March 216 April 27, 216 Pasi Laine, President and CEO Kari Saarinen, CFO Agenda Interim Review, January March 216 1 2 3 4

More information

Wholesale markets for electricity : The point of view of a trader

Wholesale markets for electricity : The point of view of a trader Wholesale markets for electricity : The point of view of a trader Francis HERVÉ (Chief Executive Officer) Philippe GIRARD (Senior Advisor) Vincent MAILLARD (Head of Analytics) EDF TRADING Limited 1 CONTENTS

More information

Orders received continued on a good level in Paper Comparable EBITA was low

Orders received continued on a good level in Paper Comparable EBITA was low Orders received continued on a good level in Paper Comparable EBITA was low Interim Review, January March 218 April 27, 218 Pasi Laine, President and CEO Kari Saarinen, CFO Agenda Interim Review, January

More information

Introduction to Fuel Hedging. 23 rd April 2010

Introduction to Fuel Hedging. 23 rd April 2010 Introduction to Fuel Hedging 23 rd April 2010 1 NAB Commodity Risk Management National Australia Bank & YB/CB is at the forefront of helping our global banking clients manage the impact of commodity prices

More information

ONTARIO ENERGY REPORT Q3 2018

ONTARIO ENERGY REPORT Q3 2018 ONTARIO ENERGY REPORT Q3 JULY SEPTEMBER OIL AND NATURAL GAS Regular Gasoline and Diesel Provincial Retail Prices ($/L) Regular Gasoline $1.3 Diesel $1.9 Source: Ministry of Energy, Northern Development

More information

Capital Markets Day. Global Trading. Claudio Machetti

Capital Markets Day. Global Trading. Claudio Machetti Capital Markets Day Global Trading Claudio Machetti Integrated model fit for digitalized, low carbon world Global portfolio optimization Integrated margin management Diversified global portfolio evolution

More information

Orders received increased in all business lines Comparable EBITA increased

Orders received increased in all business lines Comparable EBITA increased Orders received increased in all business lines Comparable EBITA increased Interim Review, January September 218 October 23, 218 Pasi Laine, President and CEO Kari Saarinen, CFO Agenda Interim Review,

More information

Orders received amounted to EUR 3.3 billion and Comparable EBITA to EUR 226 million in 2017

Orders received amounted to EUR 3.3 billion and Comparable EBITA to EUR 226 million in 2017 Orders received amounted to EUR 3.3 billion and Comparable EBITA to EUR 226 million in 217 Financial Statements Review 217 February 6, 218 Pasi Laine, President and CEO Kari Saarinen, CFO Agenda Financial

More information

Commodity Price Outlook & Risks

Commodity Price Outlook & Risks Commodity Outlook & Risks Research Department, Commodities Team 1 December 17, 20 www.imf.org/commodities commodities@imf.org This monthly report presents a price outlook and risk assessment for selected

More information

Vattenfall Q3 and 9M 2012 results

Vattenfall Q3 and 9M 2012 results Vattenfall Q3 and 9M 2012 results Øystein Løseth, CEO and Ingrid Bonde, CFO Conference Call, 30 October 2012 Q3 Highlights (1) Underlying operating profit SEK 1.3 bn below last year - 12% higher production

More information

Spheria Australian Smaller Companies Fund

Spheria Australian Smaller Companies Fund 29-Jun-18 $ 2.7686 $ 2.7603 $ 2.7520 28-Jun-18 $ 2.7764 $ 2.7681 $ 2.7598 27-Jun-18 $ 2.7804 $ 2.7721 $ 2.7638 26-Jun-18 $ 2.7857 $ 2.7774 $ 2.7690 25-Jun-18 $ 2.7931 $ 2.7848 $ 2.7764 22-Jun-18 $ 2.7771

More information

Orders received increased to EUR 3.7 billion and Comparable EBITA to EUR 257 million in 2018

Orders received increased to EUR 3.7 billion and Comparable EBITA to EUR 257 million in 2018 Orders received increased to EUR 3.7 billion and Comparable EBITA to EUR 257 million in 218 Financial Statements Review 218 February 7, 219 Pasi Laine, President and CEO Kari Saarinen, CFO Agenda Financial

More information

TERMS OF REFERENCE FOR THE INVESTMENT COMMITTEE

TERMS OF REFERENCE FOR THE INVESTMENT COMMITTEE I. PURPOSE The purpose of the Investment Committee (the Committee ) is to recommend to the Board the investment policy, including the asset mix policy and the appropriate benchmark for both ICBC and any

More information

Eurozone Economic Watch

Eurozone Economic Watch BBVA Research - Global Economic Watch December 2018 / 1 Eurozone Economic Watch December 2018 Eurozone GDP growth still slows gradually, but high uncertainty could take its toll GDP growth could grow by

More information

Trayport Euro Commodities Market Dynamics Report

Trayport Euro Commodities Market Dynamics Report Trayport Euro Commodities Market Dynamics Report Trayport Analysis Team March 2015 Legal disclaimer DISCLAIMER The content may not be copied, reprinted, published, transmitted, transferred, disseminated

More information

Key IRS Interest Rates After PPA

Key IRS Interest Rates After PPA Key IRS Rates - After PPA - thru 2011 Page 1 of 10 Key IRS Interest Rates After PPA (updated upon release of figures in IRS Notice usually by the end of the first full business week of the month) Below

More information

Commodity Price Outlook & Risks

Commodity Price Outlook & Risks Commodity Outlook & Risks Research Department, Commodities Team March, 2 www.imf.org/commodities commodities@imf.org This monthly report presents a price outlook and risk assessment for selected commodities

More information

Asda Income Tracker. Report: April 2013 Released: May Centre for Economics and Business Research ltd

Asda Income Tracker. Report: April 2013 Released: May Centre for Economics and Business Research ltd Asda Income Tracker Report: April 2013 Released: May 2013 M a k i n g B u s i n e s s S e n s e Centre for Economics and Business Research ltd Unit 1, 4 Bath Street, London EC1V 9DX t 020 7324 2850 w www.cebr.com

More information

PHOENIX ENERGY MARKETING CONSULTANTS INC. HISTORICAL NATURAL GAS & CRUDE OIL PRICES UPDATED TO July, 2018

PHOENIX ENERGY MARKETING CONSULTANTS INC. HISTORICAL NATURAL GAS & CRUDE OIL PRICES UPDATED TO July, 2018 Jan-01 $12.9112 $10.4754 $9.7870 $1.5032 $29.2595 $275.39 $43.78 $159.32 $25.33 Feb-01 $10.4670 $7.8378 $6.9397 $1.5218 $29.6447 $279.78 $44.48 $165.68 $26.34 Mar-01 $7.6303 $7.3271 $5.0903 $1.5585 $27.2714

More information

MARKET NEWS. Thursday, Nov 16, Coal News

MARKET NEWS. Thursday, Nov 16, Coal News Thursday, Nov 16, 2017 MARKET NEWS Coal News The API2 Cal18 market came under immediate pressure on the open shifting 40cents lower to $84.00/t continuing its downward strength throughout the remainder

More information

Factor Leave Accruals. Accruing Vacation and Sick Leave

Factor Leave Accruals. Accruing Vacation and Sick Leave Factor Leave Accruals Accruing Vacation and Sick Leave Factor Leave Accruals As part of the transition of non-exempt employees to biweekly pay, the UC Office of the President also requires standardization

More information

Trading at French PEGs. EFET workshop on Spanish Gas Hub - 23 July 2008

Trading at French PEGs. EFET workshop on Spanish Gas Hub - 23 July 2008 Trading at French PEGs EFET workshop on Spanish Gas Hub - 23 July 2008 Agenda GRTgaz project for the French market At the heart of the European market How can TSOs make a difference? The Basics Latest

More information

11 May Energy Coal

11 May Energy Coal 11 May 217 Energy Coal Energy coal: dislocation from fundamentals Size of the Asia Pacific market 2 Energy Coal Market Volumes by Basin (Million Tonnes) 1, 9 8 7 6 5 4 3 2 1 The Asia-Pacific market is

More information

Nordic Market Report

Nordic Market Report Nordic Market Report Status as of May 8 th, 17 1. SUMMARY The average spot price in April was 29.2 /MWh, down 1.2 /MWh from March and up 7.1 /MWh year-onyear. The average price in April in the period 1993

More information

RWE s Commodity Risk Management

RWE s Commodity Risk Management RWE Credit Day 2006 RWE s Commodity Risk Management Hans Bünting Vice President Group Risk Management RWE AG London, July 6, 2006 RWE s Commodity Risk Hedging Principles [1/2] As a matter of principle,

More information

High yield and emerging market bonds continue rally

High yield and emerging market bonds continue rally Markit iboxx monthly report April 216 High yield and emerging market bonds continue rally April saw corporate and emerging market bond returns continue to gain amid a calmer economic backdrop. Calmer markets

More information

Operating Reserves Educational Session Part B

Operating Reserves Educational Session Part B Operating Reserves Educational Session Part B Energy Market Uplift Senior Task Force September 17, 2013 Joseph Bowring Joel Romero Luna Operating Reserves Operating reserves can be grouped into five categories:

More information

LMEprecious week four update

LMEprecious week four update LMEprecious week four update 07 August 2017 SETTING THE GLOBAL STANDARD Lots Volumes for LME Gold and LME Silver Combined ADV for week four was 7,728 lots, up from 7,467 lots in week three 14,000 LMEprecious

More information

Commodity Hedging Overview November 19, 2008

Commodity Hedging Overview November 19, 2008 Commodity Hedging Overview November 19, 2008 The following information is current as of November 19, 2008. Eagle Rock plans to provide updates to this information whenever material changes are made to

More information

Weekly Economic Highlights

Weekly Economic Highlights Vol. 20 No. 1 Weekly Economic Highlights Table of Contents 1. INTEREST RATES..1 2. CLEARING AND SETTLEMENT ACTIVITY....2 3. INTERNATIONAL COMMODITY PRICE DEVELOPMENTS...4 4. EXCHANGE RATES...6 5. EQUITY

More information

Trayport Euro Commodities Report

Trayport Euro Commodities Report Trayport Euro Commodities Report Trayport Analysis Team April 2018 Legal disclaimer DISCLAIMER The content may not be copied, reprinted, published, transmitted, transferred, disseminated or distributed

More information

Commodity and Interest Rate Hedging Overview

Commodity and Interest Rate Hedging Overview Commodity and Interest Rate Hedging Overview November 1, 2016 The following information is current as of November 1, 2016. Memorial Production Partners LP (MEMP) intends to update this information quarterly

More information

Review of Registered Charites Compliance Rates with Annual Reporting Requirements 2016

Review of Registered Charites Compliance Rates with Annual Reporting Requirements 2016 Review of Registered Charites Compliance Rates with Annual Reporting Requirements 2016 October 2017 The Charities Regulator, in accordance with the provisions of section 14 of the Charities Act 2009, carried

More information

'New Day' For Jordan Cove LNG, Says Colorado Producer. U.S. natural gas prices rise as winter stocks look tight

'New Day' For Jordan Cove LNG, Says Colorado Producer. U.S. natural gas prices rise as winter stocks look tight S E P T E M B E R 2 8, 2 1 7 Prior Day s NYMEX Oct-17 Contract (CT) 3. 2.99 2.98 2.97 2.96 2.95 2.94 2.93 2.92 2.91 2.9 8: 8:45 9:3 1:15 11: 11:45 12:3 13:15 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17

More information

Volatility, risk, and risk-premium in German and Continental power markets

Volatility, risk, and risk-premium in German and Continental power markets Volatility, risk, and risk-premium in German and Continental power markets Stefan Judisch Supply & Trading GmbH RWE Supply & Trading PAGE 0 Agenda 1. What are the market fundamentals telling us? 2. What

More information

Yara International ASA 2017 fourth quarter results. 8 February 2018

Yara International ASA 2017 fourth quarter results. 8 February 2018 Yara International ASA 217 fourth quarter results 8 February 218 Safe operations is our first priority 4.5 4. TRI (Total recordable injuries 12-month rolling) 1 3.5 3. 2.5 2. 1.5 Jan Feb Mar Apr May Jun

More information

SURVEY OF BUSINESSES INFLATION EXPECTATIONS JULY 2017 RESEARCH SERVICES DEPARTMENT RESEARCH AND ECONOMIC PROGRAMMING DIVISION

SURVEY OF BUSINESSES INFLATION EXPECTATIONS JULY 2017 RESEARCH SERVICES DEPARTMENT RESEARCH AND ECONOMIC PROGRAMMING DIVISION SURVEY OF BUSINESSES INFLATION EXPECTATIONS JULY 217 RESEARCH SERVICES DEPARTMENT RESEARCH AND ECONOMIC PROGRAMMING DIVISION The Statistical Institute of Jamaica (STATIN) undertakes surveys of businesses

More information

MARKET NEWS. Wednesday, Nov 15, Coal News

MARKET NEWS. Wednesday, Nov 15, Coal News Wednesday, Nov 15, 2017 MARKET NEWS Coal News The API2 Cal18 contract opened 60cents lower than Monday s close at $85.80/t as revised warmer weather forecasts suppressed front end French Power prices and

More information

New Developments in Oil Futures Markets

New Developments in Oil Futures Markets CEEPR Workshop Cambridge, MA December 2006 New Developments in Oil Futures Markets John E. Parsons Center for Energy and Environmental Policy Research Front Month, NYMEX-WTI, 1986-2006 $80 $70 $60 $50

More information

Key IRS Interest Rates After PPA

Key IRS Interest Rates After PPA Key IRS Interest After PPA (updated upon release of figures in IRS Notice usually by the end of the first full business week of the month) Below are Tables I, II, and III showing official interest rates

More information

First Quarter 2007 Results. Lisbon, 17 May 2007

First Quarter 2007 Results. Lisbon, 17 May 2007 Lisbon, 17 May 2007 Disclaimer Matters discussed in this presentation may constitute forward-looking statements. Forwardlooking statements are statements other than in respect of historical facts. The

More information

Performance Report October 2018

Performance Report October 2018 Structured Investments Indicative Report October 2018 This report illustrates the indicative performance of all Structured Investment Strategies from inception to 31 October 2018 Matured Investment Strategies

More information

Volatility, risk, and risk-premium in German and Continental power markets. Stefan Judisch Supply & Trading GmbH 3 rd April 2014

Volatility, risk, and risk-premium in German and Continental power markets. Stefan Judisch Supply & Trading GmbH 3 rd April 2014 Volatility, risk, and risk-premium in German and Continental power markets Stefan Judisch Supply & Trading GmbH 3 rd April 2014 RWE Supply & Trading 01/04/2014 PAGE 0 Agenda 1. What are the market fundamentals

More information

Commodity Price Outlook & Risks

Commodity Price Outlook & Risks Commodity Outlook & Risks Research Department, Commodities Team 1 December 22, 20 www.imf.org/commodities commodities@imf.org This monthly report presents a price outlook and risk assessment for selected

More information

Open Close High Low Daily change Change (%) Cash Settle

Open Close High Low Daily change Change (%) Cash Settle Commodities Daily 6 Aug 2009 Focus: Oil forward curve signals tighter balance Both ICE Brent crude and WTI forward curves have become flatter since 21 July. 2-year contango on the WTI and Brent curves

More information

FERC EL Settlement Agreement

FERC EL Settlement Agreement FERC EL05-121-009 Settlement Agreement Ray Fernandez Manager, Market Settlements Development Market Settlements Subcommittee June 14, 2018 Settlement Agreement Details Settlement Agreement Details FERC

More information

Yara International ASA. 21 October 2011

Yara International ASA. 21 October 2011 Yara International ASA Third quarter results 211 21 October 211 1 Summary third quarter Strong results driven by improved margins Strong demand outside Europe, satisfactory sales in Europe Sluiskil urea

More information

CBER Indexes for Nevada and Southern Nevada

CBER Indexes for Nevada and Southern Nevada CBER Indexes for Nevada and Southern Nevada Published June 23, 2017 Stephen M. Miller, PhD, Director Nicolas Prada, Graduate Research Assistant Summary of CBER s Nevada Indexes Coincident Index (March)

More information

Monthly Performance update for Financial Professionals November, 2018

Monthly Performance update for Financial Professionals November, 2018 Monthly Performance update for Financial Professionals November, 2018 For Financial Professional Use Only. Not For Use with s. Performance of prior partnerships is not indicative of future results. Monthly

More information

Leading Economic Indicator Nebraska

Leading Economic Indicator Nebraska Nebraska Monthly Economic Indicators: August 15, 2014 Prepared by the UNL College of Business Administration, Department of Economics Authors: Dr. Eric Thompson, Dr. William Walstad Graduate Research Assistants:

More information

Trayport Euro Commodities Market Dynamics Report

Trayport Euro Commodities Market Dynamics Report Trayport Euro Commodities Market Dynamics Report Trayport Analysis Team October 2014 Legal disclaimer DISCLAIMER The content may not be copied, reprinted, published, transmitted, transferred, disseminated

More information

Capturing Alpha Opportunities with the Nasdaq Commodity Crude Oil Index

Capturing Alpha Opportunities with the Nasdaq Commodity Crude Oil Index Capturing Alpha Opportunities with the Nasdaq Commodity Crude Oil Index RICHARD LIN, CFA, NASDAQ GLOBAL INFORMATION SERVICES Executive Summary A volatile crude market has created many exciting trading

More information

Eurozone Economic Watch. February 2018

Eurozone Economic Watch. February 2018 Eurozone Economic Watch February 2018 Eurozone: Strong growth continues in 1Q18, but confidence seems to peak GDP growth moderated slightly in, but there was an upward revision to previous quarters. Available

More information

SACU INFLATION REPORT. February 2016

SACU INFLATION REPORT. February 2016 SACU INFLATION REPORT February 2016 The content of this publication is intended for general information only. While precaution is taken to ensure the accuracy of information, the SACU Secretariat shall

More information

BOK Financial: Commodity Hedging Energy Hedging / A Trader s View

BOK Financial: Commodity Hedging Energy Hedging / A Trader s View BOK Financial: Commodity Hedging Energy Hedging / A Trader s View February 23, 2017 Energy Finance Overview and expertise Offices in Dallas, Denver, Houston, Oklahoma City and Tulsa 100+ years in Energy

More information

Special Executive Report

Special Executive Report Special Executive Report DATE: May 20, 2015 SER#: 7368 SUBJECT: Listing of Additional Energy Futures Trading Months on CME Globex Within the Currently Established Trading Cycle Effective today, Wednesday,

More information

3. TREASURY AND COMMODITIES GROUP

3. TREASURY AND COMMODITIES GROUP 3. TREASURY AND COMMODITIES GROUP Andrew Downe Group Head Macquarie Group Limited Operational Briefing 5 February 2009 Presentation to Investors and Analysts Volumes are beginning to trend downwards Activity

More information

Financial & Business Highlights For the Year Ended June 30, 2017

Financial & Business Highlights For the Year Ended June 30, 2017 Financial & Business Highlights For the Year Ended June, 17 17 16 15 14 13 12 Profit and Loss Account Operating Revenue 858 590 648 415 172 174 Investment gains net 5 162 909 825 322 516 Other 262 146

More information

October 2018 Data Release

October 2018 Data Release Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13

More information

January 2019 Data Release

January 2019 Data Release Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13

More information

SACU INFLATION REPORT. December 2014

SACU INFLATION REPORT. December 2014 SACU INFLATION REPORT December 2014 The content of this publication is intended for general information only. While precaution is taken to ensure the accuracy of information, the SACU Secretariat shall

More information

Commodity Price Outlook & Risks

Commodity Price Outlook & Risks Commodity Outlook & Risks Research Department, Commodities Team 1 September 18, 20 www.imf.org/commodities commodities@imf.org This monthly report presents a price outlook and risk assessment for selected

More information

Weekly Economic Highlights

Weekly Economic Highlights Vol. 20 No. 22 Weekly Economic Highlights Table of Contents 1. INTEREST RATES... 1 2. CLEARING AND SETTLEMENT ACTIVITY... 2 3. TOBACCO SALES... 4 4. INTERNATIONAL COMMODITY PRICE DEVELOPMENTS..5 5. EXCHANGE

More information

Consultation Paper - Draft technical standards under the Benchmarks Regulation

Consultation Paper - Draft technical standards under the Benchmarks Regulation 4th floor, Ropemaker Place 25 Ropemaker Street London EC2Y 9LY United Kingdom +44 20 7260 2000 Phone +44 20 7260 2001 Fax ihsmarkit.com ESMA 103 rue de Grenelle 75007 Paris, France Submitted online www.esma.europa.eu

More information

Yara International ASA First Quarter results 2013

Yara International ASA First Quarter results 2013 Yara International ASA First Quarter results 213 22 April 213 1 Summary first quarter Strong results with stable margins Strong cash flow Fertilizer deliveries close to last year despite late spring Record

More information

Single-family home sales and construction are not expected to regain 2005 peaks

Single-family home sales and construction are not expected to regain 2005 peaks Single-family home sales and construction are not expected to regain 25 peaks Millions of units 8. 7. 6. 5. Housing starts (right axis) 4. Home sales (left axis) 3. 2. 1. 198 1985 199 1995 2 25 21 215

More information

Test Yourself / Final Exam

Test Yourself / Final Exam Test Yourself / Final Exam 1. Explain the risk/reward parameters of an option seller? 2. Describe the risk/reward characteristics of an option buyer? 3. What is an option? 4. What is the definition of

More information

Research Global Oil price to bottom when non-opec output rise halts déjà vu #2

Research Global Oil price to bottom when non-opec output rise halts déjà vu #2 Investment Research General Market Conditions 18 December 2014 Oil price to bottom when non-opec output rise halts déjà vu #2 We expect the current slide in oil prices to continue until we see producers

More information

INTERCEM Barcelona. Global Cement Industry. Facing the challenges and taking the opportunities. Barcelona, June 2011

INTERCEM Barcelona. Global Cement Industry. Facing the challenges and taking the opportunities. Barcelona, June 2011 Equities INTERCEM Barcelona Global Cement Industry Facing the challenges and taking the opportunities Barcelona, June 2011 construction@exanebnpparibas.com Paul Roger +44 203 430 84 15 paul.roger@exane.com

More information

Big Walnut Local School District

Big Walnut Local School District Big Walnut Local School District Monthly Financial Report for the month ended September 30, 2013 Prepared By: Felicia Drummey Treasurer BIG WALNUT LOCAL SCHOOL DISTRICT SUMMARY OF YEAR TO DATE FINANCIAL

More information

BULLISH O C T O B E R 1,

BULLISH O C T O B E R 1, Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 8: 8:45 9:3 1:15 11: 11:45 12:3 13:15 14: 3.4 3.3 3.2 3.1 2.99 2.98 2.97 2.96 2.95 Prior Day s NYMEX NOV-18 Contract

More information

Section 6621 of the Internal Revenue Code establishes the interest rates on

Section 6621 of the Internal Revenue Code establishes the interest rates on Part 1 Section 6621.--Determination of Rate of Interest 26 CFR 301.6621-1: Interest rate. Rev. Rul. -32 Section 6621 of the Internal Revenue Code establishes the interest rates on overpayments and underpayments

More information

MARKET NEWS. Wednesday, Oct 4, Coal News

MARKET NEWS. Wednesday, Oct 4, Coal News Wednesday, Oct 4, 2017 MARKET NEWS Coal News The API2 market pushed higher again following a firm day yesterday with Cal 18 closing at $79.85/t (85 cents higher than yesterday). This is a stark contrast

More information

Isle Of Wight half year business confidence report

Isle Of Wight half year business confidence report half year business confidence report half year report contents new company registrations closed companies (dissolved) net company growth uk company share director age director gender naming trends sic

More information

NIESR Monthly Estimates of GDP 11 April, GDP growth of 0.2 per cent for the first quarter of 2018 *For Immediate release*

NIESR Monthly Estimates of GDP 11 April, GDP growth of 0.2 per cent for the first quarter of 2018 *For Immediate release* Press Release GDP growth of 0.2 per cent for the first quarter of 2018 *For Immediate release* Our monthly estimates of GDP suggest that output growth slowed to 0.2 per cent in the first quarter of 2018

More information

MARKET NEWS. Tuesday, Oct 24, Coal News

MARKET NEWS. Tuesday, Oct 24, Coal News Tuesday, Oct 24, 2017 MARKET NEWS Coal News The API2 Cal18 contract opened flat to Friday s close at $83.55 after early strength across the German Power market faded through the early part of the morning

More information

Open Close High Low Daily change Change (%) Cash Settle

Open Close High Low Daily change Change (%) Cash Settle FICC Research Commodities: Daily 23 June 2010 Focus: Lower platinum price induces strong China demand Walter de Wet, CFA* Walter.DeWet@standardbank.com Leon Westgate* Leon.Westgate@standardbank.com Focus:

More information

NIESR Monthly Estimates of GDP 9 March, GDP growth of 0.3 per cent in three months to February 2018 *For Immediate release*

NIESR Monthly Estimates of GDP 9 March, GDP growth of 0.3 per cent in three months to February 2018 *For Immediate release* Press Release GDP growth of 0.3 per cent in three months to February 2018 *For Immediate release* Our monthly estimates of GDP suggest that output growth slowed to 0.3 per cent in the 3 months to February

More information

Memorandum. This memorandum does not require Board action. EXECUTIVE SUMMARY

Memorandum. This memorandum does not require Board action. EXECUTIVE SUMMARY California Independent System Operator Corporation Memorandum To: ISO Board of Governors From: Eric Hildebrandt, Executive Director, Market Monitoring Date: November 7, 2018 Re: Department of Market Monitoring

More information

ICE Endex UK Gas update. June 2015, London

ICE Endex UK Gas update. June 2015, London UK Gas update June 2015, London Content Market Update Trading System Enhancements OCM Clearing and Settlement Migration Fee Schedule & Rebates 2 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14

More information

Introduction Anders Plejdrup Houmøller CEO, Houmoller Consulting

Introduction Anders Plejdrup Houmøller CEO, Houmoller Consulting Introduction Anders Plejdrup Houmøller CEO, Houmoller Consulting This PowerPoint presentation discusses the unbundling of the gas and oil prices. For a further discussion of the unbundling, please refer

More information

Shipping Essentials Weekly

Shipping Essentials Weekly 17.2.214 Shipping Essentials Weekly Macro and Events in Brief The GDP figures for the Eurozone came out at,3 % q/q in q4 lasted weeks figures showed, slightly above expectations. Germany was the main driver,

More information

Monthly Broker Webinar. November 12, 2014

Monthly Broker Webinar. November 12, 2014 Monthly Broker Webinar November 12, 2014 Monthly Broker Webinar Winter Weather Outlook Commodities Market Update Strategic Recommendations Winter Weather Outlook Beau Gjerdingen, Senior Meteorologist 3

More information

ERCOT Wholesale Electricity Market Monthly Report

ERCOT Wholesale Electricity Market Monthly Report To the Public Utility Commission of Texas ERCOT Wholesale Electricity Market ly Report Wednesday, April 1, 219 Potomac Economics, Ltd. Independent Market Monitor 1 ERCOTwide Average Energy Prices DA vs.

More information

WESTWOOD LUTHERAN CHURCH Summary Financial Statement YEAR TO DATE - February 28, Over(Under) Budget WECC Fund Actual Budget

WESTWOOD LUTHERAN CHURCH Summary Financial Statement YEAR TO DATE - February 28, Over(Under) Budget WECC Fund Actual Budget WESTWOOD LUTHERAN CHURCH Summary Financial Statement YEAR TO DATE - February 28, 2018 General Fund Actual A B C D E F WECC Fund Actual Revenue Revenue - Faith Giving 1 $ 213 $ 234 $ (22) - Tuition $ 226

More information

Risk Factor Indices Selection and Rebalance Dates

Risk Factor Indices Selection and Rebalance Dates db Index Quant 5 February 2018 dbiq Index Guide Risk Factor Indices Selection and s The report is designed to provide the details of future selection and rebalance dates of various risk factor Indices

More information

Key West Cruise Ship Data - Passenger Counts Number of Passenger Arrivals

Key West Cruise Ship Data - Passenger Counts Number of Passenger Arrivals Key West Cruise Ship Data - Passenger Counts Number of Passenger Arrivals (Source: City of Key West Port Operations Office) Month 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

More information