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EPISODE · Sep 1, 2022 · 4 MIN

Russian roulette

from UBS On-Air: Market Moves

Europe’s game of Russian roulette continues, with the Nordstream one gas pipeline being closed ‘for maintenance’ for three days. The news comes as Europe reports its gas storage facilities are over 80 percent full. Europe’s ability to weather the winter depends on temperature levels and consumer behavior, but new reports of gas shutdowns may change behavior now by impacting sentiment. Sentiment often responds more to the media narrative than to economic reality.

Episode metadata supplied by the publisher feed · Published Sep 1, 2022

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Russian roulette

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