Low impact
European natural gas prices have reached 2022 crisis levels, and Goldman Sachs warned the price could next rise to 150 euros.
ZeroHedge10/20, 07:46 PM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
Nat Gas
Would push up
WeeksMedium confidence
European gas prices at 2022 crisis levels signal tighter supply, which can lift global gas prices further
EUR
Would push down
WeeksMedium confidence
Elevated European energy costs can weigh on the euro via a weaker regional economic outlook
What could change this
If European gas prices ease back from current levels, the pressure on the euro and support for gas prices would fade.
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