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Brief: Hedge Funds' TTF Bets Face New EU Storage Regulations
The European gas market is unlikely to get a reprieve from near-term volatility as a complex combination of new EU gas regulations, low seasonal storage levels, and a sharp increase in hedge funds’ speculative bets on TTF offset this week’s rapid reduction in conflict-related disruption risks to Qatari LNG exports.
Brief: China's Manufacturing Sector Retreats After U.S. Import Rush
China's official NBS manufacturing purchasing managers' index (PMI) and the Caixin China General Manufacturing PMI showed Chinese manufacturing activity contracted in May as demand for consumer goods exports collapsed after importers' 2H24/1Q25 race against tariffs.