Ever higher

Macro-economy
February 16, 2021

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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Ever higher

You might also read :

EUAs and power prices collapsed alongside the wider markets

The rise in the euro area confidence indicators likely reflects increasingly loose lockdown measures

Sharp rise in prices in Europe

Simplifying energy markets