US: EIA Natural Gas Storage falls 118B in Feb-1 week

From a -194B change in the week ending at January 25, Natural Gas Storage dropped 118B further in the week ending February 1.

Feb 7, 2013

US EIA Natural Gas Storage change improves to -118B vs -194B

Forex: GBP/USD holds up at 1.5700 after UK NIESR GDP

Incoming BoE Governor Carney brought the GBP/USD back above the 1.5700 psychological level after triggering a rally from 1.5650 to 1.5769 spike high with his testimony before the UK Parliament. Since then, the pair has been consolidating its position above 1.5700, even after the release of UK NIESR GDP estimate for January.