European prices extended gains
European gas prices increased sharply on Friday. In addition to persistent concerns about Russian flows via Ukraine, there was the effect of the fall in…
Equities and bonds are up at the same time, which likely reflects the fact that market participants remain optimistic about the economic recovery and the impact of vaccination campaigns, but look at the surge in new Covid cases in big countries such as Brazil and India with concern. There are also the raising tensions between the US and Russia an financial risks in China. The USD is rather stable with the EUR/USD trading in a narrow range above 1.1950.
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