Market participants are awaiting the results of tomorrow Fed meeting
There was the maximum downfall of the natural gas prices in nine months (NATGAS), occurred on Monday. Perhaps market participants took profits. Previously, the natural gas prices peaked for the first time within last four years, due to increased demand for heating because of the extremely cold weather in the United States. However, the temperature in Chicago dropped today to minus 20 degrees Celsius and the gas is a little more expensive. The Arctic cold front has captured the entire southeastern United States. The produced gas reserve decreased by about a third in the storage facilities within three months. Concerning the weather in the United States, we do not exclude the growth in wheat prices (WHEAT) due to a possible reduction of its harvest.
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