Fed: the cacophony continues

  • Macro-economy

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.

manufacturing pmi: input prices
Share this news :

You might also read :

ES-oil
April 20, 2021

Back in backwardation ?

Crude prices continued to be lifted by a declining US dollar, while the Libyan national oil company declared force majeure on its Hariga port due to budget…
ES-gas
September 6, 2021

Prices slightly down on profit taking

European gas prices weakened slightly on Friday, torn between the impacts of ongoing tight fundamentals and profit taking after the previous sessions’ strong gains. Indeed,…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]