Equities up, bond yields and the USD down after Jackson Hole
The markets welcomed the Fed Chairman’s speech at the Jackson Hole symposium. He confirmed the strong likelihood that the Fed will begin to reduce its…
European gas prices were generally up again yesterday, supported by falling temperatures and lower Norwegian supply. Indeed, due to an unplanned outage at the Oseberg gas field, Norwegian flows dropped significantly yesterday, averaging 314 mm cm/day, compared to 337 mm cm/day on Wednesday. Russian flows were slightly down, at 327 mm cm/day on average, compared to 329 mm cm/day on Wednesday.
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