Natural Gas News: Counter-Trend Rally Targets $3.733 as Inventory and Weather Cap Gains.Natural gas futures rebound off the 200-day MA at $3.103, with bulls now targeting the 50-day MA at $3.966. Weak demand and storage builds weigh.
Trade and Employment Data to Show How Canadian Economy Reacted to Tariffs.We expect Canada's trade balance swung back to a surplus in March and the labour market shed more jobs in April as early signs of how the Canadian economy evolved with the onset of U.S. tariffs.
Natural Gas Price Forecast: Bullish Continuation Targets $3.72.A breakout and strong weekly closing price will put natural gas in position to challenge key resistance, signaling buyers remain firmly in control for now.
In New York, the Dow Jones Index went up by 561 points or 1.38 percent on Friday. Top gainers were Nike (3.19%), Caterpillar (3.08%) and American Express (2.97%).