Wait and see

  • Macro-economy

The market is already in a wait-and-see mode before the ECB meeting and, above all, the release of May US inflation figures on Thursday. The Fed meeting will then follow next week. Limited market moves yesterday. The EUR/USD exchange rate was up, but then gave up some of its gains to trade around 1.2180 this morning. Very busy economic agenda today, mainly in Europe. No big market mover nevertheless.

Wait and see
Share this news :

You might also read :

ES-power
June 24, 2022

Increased hedging drove the carbon prices up

The European power spot prices faded yesterday amid forecasts of improving nuclear availability, a sudden surge of wind and hydro production and decreasing power demand.…
ES-power
January 25, 2022

EUAs eroded early gains on falling equities

The power spot prices surged near 300€/MWh in northwestern Europe yesterday, lifted by forecasts of a wind surge combined with a strong demand and higher…
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]