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

Macro-economy
April 1, 2021

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.

Share this news :

You might also read :

May 5, 2021

The equity market looks increasingly nervous

The equity market plunged yesterday, allegedly on comments from Janet Yellen that interest rates could rise as a result of massive stimulus packages in the…

March 18, 2021

Late but strong rebound of EUAs amid surging US equities

The Power spot prices rose further up in northwestern Europe yesterday, pushed by the forecasts of weaker wind production and colder temperatures. The prices in…

February 2, 2021

EUA traded sideways, torn between weaker gas and stronger equities

The European power spot prices faded yesterday, pressure by expectations of warmer weather and improved French nuclear availability. Prices dropped by 6.08€/MWh to 51.15€/MWh on…

Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

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

You might also read :

The equity market looks increasingly nervous

Late but strong rebound of EUAs amid surging US equities

EUA traded sideways, torn between weaker gas and stronger equities

Simplifying energy markets