(Bloomberg) -- European natural gas prices held near the highest levels this year as traders monitor the transit of Russian fuel across Ukraine. Most Read...
-- European natural gas prices held near the highest levels this year as traders monitor the transit of Russian fuel across Ukraine .The 5 Coastal States That Face the Most Devastating Flood Risk
While a gas transit agreement to move Russian gas via Ukraine expires at the end of the year, a sudden and earlier halt in flows would still come as a shock because some central European nations depend on that supply.CRH raised its full-year guidance on Thursday after the largest building materials producer in the United States and Europe reported a 12% rise in second quarter core profit.
After a turbulent week in global markets, the worst of the selloff might be over but investors need to "keep the reins tight on big directional bets for now," Goldman Sachs global head of hedge fund coverage Tony Pasquariello said. In a client note issued on Wednesday seen by Reuters, Pasquariello called the week's moves in the market since Friday "a global margin call" and laid out where the markets are possibly headed from here.
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