Wait and see

Macro-economy
June 8, 2021

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.

Share this news :

You might also read :

January 10, 2022

EUAs faded ahead of the auctions’ resumption

Buoyed by forecasts of a wind shortage the European power spot prices for today significantly rose compared to last week, although the weaker demand and…

December 13, 2021

Central bank week

All major central banks and even the Bank of Russia or the Bank of Turkey are meeting this week. The Bank of Turkey is expected…

May 20, 2021

EUA plunged below 50€/t amid profit taking and falling wider markets

The European power spot prices fell yesterday amid pressure from forecasts of strong renewable production and a drop in clean gas and coal costs as…

Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Wait and see

You might also read :

EUAs faded ahead of the auctions’ resumption

Central bank week

EUA plunged below 50€/t amid profit taking and falling wider markets

Simplifying energy markets