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Front-month natural gas futures fell 10.3% in one day, the largest one-day drop in at least a year, after forecasts pointed to warmer January weather. Prices had risen 56% from mid-November lows.
A sharp weather-driven reversal from a rally leaves prices vulnerable to further swings as January forecasts change.
investinglive.com3 ene 2017Tras 104 eventos bajista de clima pasados, Gas natural se movió una mediana de -7,8 % en 5 sesiones (22% al alza; mitad central entre -14,8 % y -0,8 %), y -3,3 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Describes the 10.3% one-day fall on Jan 3 after warmer forecasts, following a 56% rally that left prices stretched and vulnerable to a demand-driven selloff.
