European & Asian Markets Open Lower; Natural Gas Extends Slide
European futures opened broadly lower (EuroStoxx –0.4%, DAX –0.4%, FTSE –0.5%) alongside Nikkei futures falling 0.7%, while US natural gas futures fell 5.8% for a fourth straight session on warmer forecasts and algorithmic selling pressure.
What we know
European and Asian risk-off tone: Several accounts on X both flagged futures weakness at the European open. An account on X noted Nikkei futures –0.7% in early Tokyo trade, while 10-year JGB yields slipped 2bps to 2.87% (source). Japan order flow showed foreigners buying ¥1,454.2B of Japanese bonds — (source). On commodities, US natgas futures fell 5.8% to $2.790/MMBtu (source) — fourth straight session decline — as algo traders ramped bearish positions and warmer-than-expected forecasts through early November weighed. Goldman flagged silver as 'still stuck' after massive spec-selling with a puts panic bid — another account on X.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.