EUAs extended their rally while power short-term prices faded
The European power spot prices continued to however just above 200€/MWh for today, although slightly lower than Friday due the retracing gas market and forecasts…
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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