Good economic reports fuel optimism about the global recovery

  • Macro-economy

Optimism seems returning on financial markets for the end of this week: equities have rebounded, while bond yields remained stable. The USD lost some ground, pushing the EUR/USD exchange rate up to 1.2070. Good economic figures in the US ahead of likely strong job creation in April as well as optimistic comments from the BoE and Chinese trade figures above expectations have all contributed to reinforce global recovery hopes.

china-external-trade
Share this news :

You might also read :

ES-economy
April 12, 2021

Mixed signals

As the Fed chairman said during the week-end, the US economy is ready for a very strong recovery, but the economic outlook remains dependent on…
ES-oil
May 3, 2022

Another day of reversing market

Oil prices went up yesterday: on NYMEX, WTI front month gained less than 0.1%, ending at $105.17/b. On ICE, Brent price was +0.4% up to…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]