Beyond Currency

21 September 2021 - Gas price threatens to derail recovery


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"There is a distinct lack of clarity about why there is a global shortage of gas just as the Northern Hemisphere enters its highest demand period.
Last winter was unusually cold in Europe and Asia which increased demand and it seems that Russia has decreased supply leading to accusations of manipulation.
Alternative sources of energy such as wind power have also been suffering from meteorological issues.
There is a distinct lack of clarity about why there is a global shortage of gas just as the Northern Hemisphere enters its highest demand period.
The effect of a prolonged shortage of gas could have devastating consequences for the recovering economies of the Eurozone and the UK.
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Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
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