US EIA Natural Gas Storage change: -171B in Feb 22 from -127B
Feb 28, 2013
Fundamental Afternoon Wrap: Dutch concerns ´clogg´ up European sentiment
A relatively quiet afternoon has been reflected in this afternoons institutional research, with Europe coming back onto the near term horizon following some tricky Dutch development which have added to the negative sentiment coming out of Italy. However, with Bernanke´s "soothing" performance yesterday, the feeling seems that the sequester, is not so much of a big deal as it probably should be. Looking east, Abe has announced the BoJ leadership nominations and Australian data looks supportive enough for analysts to negate any further rate cuts on the horizon.