Crown Lng(CGBS.US)

Industry ETFs in the U.S. stock market opened almost entirely in decline, with the Biotechnology Index ETF, Consumer Discretionary ETF, and Global Technology Stocks Index ETF down by as much as 2.29%. The Internet Stocks Index ETF, Technology Sector ETF, and Semiconductor ETF fell by as much as 1.82%, while the Energy Sector ETF rose by 0.55%

Natural gas is up by 5.08%

Natural gas increased 5.08% to 3.769 USD/MMBtu

African Markets - Factors to watch on January 20

Nairobi, Jan 20 (Reuters) - Key factors affecting African markets include South Africa's government bond auction and November mining data. Global markets saw Asian stocks decline, with the dollar under pressure and U.S. Treasury yields rising. Oil prices increased due to positive economic growth data from China. In Nigeria, armed bandits abducted worshippers, while Mozambique faced severe floods. Benin's opposition failed to secure parliamentary seats, and Kenya initiated the sale of a 65% stake in its state oil pipeline company. South Sudan's opposition faction called for advances on Juba after capturing a strategic town.

Futures Off to Begin Monday

Futures on Canada's main stock index fell as global markets turned risk-averse following U.S. President Trump's tariff threats against eight European nations. The TSX index rose 11.63 points to 33,040.55 on Friday, but March futures declined 0.6% on Monday. Trump's proposed tariffs reignited trade war concerns. Meanwhile, Statistics Canada reported a 2.4% rise in the consumer price index for December. Internationally, markets in Japan and Hong Kong fell, while Canada secured a tariff reduction agreement with China. Oil prices slid to $59.00, and gold prices rose to $4,671.10 per ounce.

According to HSBC Research in "The Big Banks," Brent crude oil is expected to hover around $60 per barrel this year, easily influenced by geopolitical factors

HSBC's research report indicates that in 2026, the crude oil market will be affected by geopolitical factors and threats of oversupply. It is expected that this year, the price of Brent crude oil will hover around over $60 per barrel, potentially falling below $60. Geopolitical factors such as turmoil in Iran will drive prices, but if supply remains uninterrupted, fundamental factors will dominate the market. The bank maintains its forecast for the price of Brent crude oil in 2026 at $65 per barrel