• Natural Gas edges lower at the start of the week on the EU Gas storage report. 
• Traders see European Gas storages top 80%, despite Freeport delays. 
• The US Dollar index trades choppy on the back of Trump’s shooting over the weekend. 

Natural Gas price (XNG/USD) ticks down on Monday after European data showed Germany’s Gas storage facilities are near 85%, while overall Europe is doing great with 81%. Traders betting on higher Gas prices are facing substantial losses despite their bets on the delay in the reopening of the Texas Freeport plant. The Liquified Natural Gas (LNG) plant is still not producing, taking longer to start after it closed last week because Hurricane Beryl passed through the area. 

Meanwhile, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, is trading very choppy, torn by other asset classes in reaction to the shooting of former US President Donald Trump. Equities are in the green while the bond market is selling off in the idea that this might be a pivotal point in the campaign that could put Trump on the front foot for another term in the White House. Bond markets are selling off, with yields higher, because of the concern that the current program that Trump wants to bring forward will widen the US deficit and see the US debt exponentially surge. 

Natural Gas is trading at $2.26 per MMBtu at the time of writing.