NEWS

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The EIA releases it's weekly natural gas storage report each Thursday at 10.30 ET, the key data point for natural gas traders outside of weather modelling. This week another build is expected.

Morgan Stanley (MS) reported better than expected earnings alomng with other major banks beating before the open. The stock rose 3% in early trading bouyed by wealth management revenues.

Australian mining giant BHP Billiton $BHP announced it's iron ore production report and forward guidance Wednesday. $BHP produced 231 million tonnes in the year to June 30.

The Australian dollar continued its upward trajectory against the U.S. dollar since it broke and tested .7500 back in June. It broke the 2016 high of 0.7835 to trade up to o.7943 earlier. Why? and where to?

Goldman Sachs $GS reported much better than expected second quarter earnings before the open Tuesday. However the market was concerned by slumping fixed income revenue. 

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