European prices slightly down, Asia JKM prices up again
Prices weakened again yesterday in most European gas markets, both on the spot and the curve. Spot fundamentals were almost unchanged with significantly below-normal temperatures…
Global stocks continue to rise and so do commodity prices and bond yields, while the Bitcoin is nearing $50000. Risky assets are pushed higher by a mix of confidence in the future economic recovery and speculation in a context of over-abundant liquidity. The reopening of US financial markets will test this optimism today. The EUR/USD is almost stable near 1.2130-40.
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