European gas prices continued to increase yesterday, still supported by concerns on supply. Russian flows stabilized at their weak levels yesterday, averaging 104 mm cm/day. Norwegian flows were significantly lower, averaging 308 mm cm/day, compared to 329 mm cm/day on Monday, and are even lower this morning (287 mm cm/day) due to a compressor failure…
US equity markets bounced back on Tuesday, reversing some of the sharp losses recorded last week on the back of an historical 75 bp interest rate increase from the Fed to fight the highest inflation rate in four decades. But Asian equity markets did not follow the rebound overnight as recession fears continue to cloud…
The European power spot prices continued to climb yesterday, buoyed by a rebound of clean fuel costs and forecasts of stronger demand, weaker nuclear availability and dropping wind production, although the higher solar and hydro generation expected today might have dampened slightly the bullish pressure. The day-ahead prices hence averaged 305.12€/MWh in Germany, France, Belgium…
European gas prices were up overall yesterday as the weakness in Russian supply (stable yesterday at 104 mm cm/day on average, with Nord Stream 1 flows stabilizing at 68 mm cm/day) continued to dominate market sentiment. On their side, Norwegian flows increased slightly, averaging 329 mm cm/day on average, compared to 326 mm cm/day on…
Equity markets in Europe and Asia showed a brief respite for on Monday after a week of sharp losses on the back of growing recession concerns. The impact of the French legislative election results, leading to a period of political uncertainty in the second economy of the Euro zone, which could be considered as a…
