Curve prices up again on bullish clean fuel costs
NWE spot baseload power prices increased yesterday, to €138.172/MWh on average for today delivery (compared to €132.480/MWh for Thursday), supported by forecasts of lower wind…
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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