Russian Direct Investment Fund head Dmirtiev reposts an article noting that "traders understand that European natural gas prices are likely to double soon, after a 50% increase so far"

The remarks from the head of Russia's Direct Investment Fund highlight a concerning forecast for European natural gas prices, suggesting a significant spike ahead. This escalation could have immediate implications for energy markets and broader economic sentiment, especially in Europe, potentially affecting EUR and GBP relative to USD. Traders should be cautious as elevated gas prices can lead to inflationary pressures, impacting central bank policy across the region.