US natural Gas prices rebounded after three days of losses, supported by a smaller-than-expected storage build. Lower inventory growth may signal tighter supply dynamics in the weeks ahead, ING's commodity experts Ewa Manthey and Warren Patterson note.
The US Dollar managed to regain some balance and print decent gains on Thursday, always amid mixed results from the US docket, advancing US yields across the board, and recent progress on the trade front.
Silver (XAG/USD) edges lower on Thursday after marking a fresh 14-year high of $39.53 on Wednesday, as improving global trade sentiment boosted risk appetite and dented demand for traditional safe-haven assets like precious metals.