EnergyScan

Central banks are starting to move

There is a BoE meeting today. While some expect some changes in its QE policy, the consensus remains on stability. One after the other, Fed members are also starting to talk about a decrease in asset purchases. While that may mean that rate hikes may come sooner than expected, this also lowers the long-term inflation risk, which likely explain the fall in bond yields. But the equity market does not like that, as it needs a permanent positive news flow to justify extreme valuation. The EUR/USD keeps testing 1.20, but remains rather stable overall. Full economic agenda today.

german-industrial-recovery
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-gas
April 16, 2021

European prices up as demand remains strong

European gas prices increased yesterday, supported by the downward revision of temperatures for the end of next week (initially, they were expected to increase above…
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]