Let’s wait for the US job report

Macro-economy
June 4, 2021

Strong economic indicators pushed US bond yields and the USD higher yesterday. The US job report released today could reinforce these trends if it shows a sharp rebound in job creation in May or revises April data upwards, as it is likely. The EUR/USD exchange rate plunged by nearly 1 USD, just above 1.21.

Share this news :

You might also read :

October 5, 2021

OPEC+ maintains its production policy for November

Crude prices rallied yesterday, as OPEC+ members met to decide their forward production policy for November. Dec-21 ICE Brent contract reached 81.6 $/b on early…

July 20, 2021

EUAs eroded early gains on falling wider markets

The European power spot prices edged up yesterday as the forecasts of weaker production were partly offset by the expectations of stronger solar and nuclear…

April 8, 2021

EUAs slightly retreated amid profit taking and weaker energy complex

Most power spot prices continued to rise in north western Europe yesterday amid cold (although rising) temperatures and weakening wind production. The spot prices reached…

Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Let’s wait for the US job report

You might also read :

OPEC+ maintains its production policy for November

EUAs eroded early gains on falling wider markets

EUAs slightly retreated amid profit taking and weaker energy complex

Simplifying energy markets