Markets still on hold

This was to be expected: market participants are waiting for tomorrow and the parallel releases of US inflation figures as well as the ECB’s decision on bond purchases. Meanwhile, very few notable news, although bond yields have lost some basis points, the US 10y falling to a 3-month low, below 1.52%. The EUR/USD exchange rate is rather stable, slightly below 1.22. Chinese price data confirmed upward price pressures in industry. Otherwise,  there are very few market movers again today.

 
Markets still on hold
Share this news :

You might also read :

ES-oil
November 22, 2021

Collapse at the prompt

The possibility of a coordinated SPR release is seriously denting the sentiment and upside risk in crude oil futures markets. Japan is now considering seriously an…
ES-economy
December 16, 2021

Managing expectations

The latest Fed meeting did not surprise market consensus and implied market rates. Indeed, on many aspects, bond yields and interest rate futures were in…
ES-gas
June 16, 2021

Prices down on the spot and the curve

European spot gas prices continued their up and down movements yesterday, dropping after the rise of the previous session. On the pipeline supply side, Norwegian…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter