EnergyScan

Biden’s plan bets big on infrastructure and the “old” economy

Biden’s $2.3 trillion recovery plan boosted growth expectations in the US, pushing stocks higher globally. US Treasuries were under pressure, with the 10Y yield climbing at 1.753%. European stocks continued to underperform, with declines on the FTSE, CAC and DAX as France extended the regional lockdown nationally. 

japan-gpd-tankan
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-oil
March 2, 2022

Soaring oil prices

The price of Brent crude oil rose by more than $7.5/b yesterday, its second biggest daily gain in the last decade. And it continues to rise…
ES-oil
May 17, 2021

Asian margins pressured

ICE Brent prompt month contract recovered to 68.5 $/b on Friday amid a rapid recovery of the Eurodollar, and a global recovery in equity prices…
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?  Sign up here!

[booked-calendar]