A bit of calm after a hectic week

Volatility has been quite strong on financial markets last week, with the Fed minutes in the middle of the week and huge price variations on cryptocurrencies. Finally, they posted their worst week since the start of the pandemic last year. The setbacks of Bitcoin and its cronies may have impacted the other assets but the link is difficult to establish. The EUR/USD plunged on Friday despite very strong PMIs in the euro area, as the ECB’s chief suggested there would be no tapering in bond purchases I the near future. Bond spreads diminished as well in the euro area. The EUR/USD exchange rate is trading just below 1.22.

Share this news :

You might also read :

ES-oil
February 21, 2022

The geopolitical context remains the key

Crude oil prices fell back a little overnight, but after rising sharply before a potential Russian attack on Ukraine. The price of Brent 1st-nearby touched…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]