NEWS

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Natural gas futures lifted to key level at week's end as Hurrican Dorian developed into a Cat 5 by Sunday. EIA reported as expected build of +84 Bcf in natural gas storage last week. Ahead we focus on LNG and Mexican exports and the winter outlook for the US.

The Bank of Canada held its key lending rate at 1.75 percent on Wednesday as expected. The BoC said escalating trade conflict casts doubt on global outlook but Canada's economy is returning to growth around potential, as expected and inflation is on target.

The US manufacturing sector via the regional Chicago ISM Manufacturing PMI contracted under 50 to the lowest since January 2016 in August. Employment index lowest since March 2016. New orders lowest since June 2012

The Reserve Bank of Australia kept interest rates unchanged in September. The RBA in July cut rates to a historic low of 1.00 per cent for the second month in a row after 33 consecutive months at 1.50%. RBA plans to reduce joblessness and to achieve progress towards inflation target

The power of positive thinking is lauded by some and scoffed at by others. A decades long study at Boston University’s School of Medicine just released indicates that optimism could boost our chances of living 85 years or more by over 50 percent.

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