Turkish lira down 15% after the dismissal of the central bank governor
Turkish President Erdogan has gone back to his old practices by sacking the governor of the central bank, guilty of carrying out an overly restrictive…
European gas prices were mixed yesterday. Spot prices were up overall, still supported by below-normal temperatures and weak pipeline supply. Indeed, due to a combination of planned and unplanned maintenance works, Norwegian flows weakened yesterday, averaging 289 mm cm/day, compared to 299 mm cm/day on Wednesday. Russian flows remained stable at 331 mm cm/day on average.
On the curve, prices were down overall, under the pressure of the drop in parity prices with coal for power generation (both EUA and coal prices were down).
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