Fed: the cacophony continues

Macro-economy
June 24, 2021

Limited market moves again yesterday, as Fed members continued to send mixed signals on monetary policy. Preliminary PMIs confirmed the strength of activity growth but also raising tensions on production costs. The economic agenda is full today with in addition, a Bank of England meeting and many Fed speakers again. The EUR/USD exchange rate remains rather stable around 1.19.

Share this news :

You might also read :

March 10, 2021

Large crude builds in the US spark concerns over the crude market imbalance

ICE Brent crude prompt future continued to weaken towards 67 $/b mainly due to a rather bearish API data survey, showing that the US crude…

April 29, 2022

Prices down as the impact of the halt in Russian deliveries to Poland and Bulgaria started to fade

European gas prices dropped yesterday as the impact of the halt in Russian deliveries to Poland and Bulgaria started to fade. The strong LNG supply…

May 31, 2021

European prices down again

European gas prices extended (moderately) losses on Friday as the rise in temperatures continued to exert downward pressure. The drop in Asia JKM prices and…

Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Fed: the cacophony continues

You might also read :

Large crude builds in the US spark concerns over the crude market imbalance

Prices down as the impact of the halt in Russian deliveries to Poland and Bulgaria started to fade

European prices down again

Simplifying energy markets