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.

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Fed: the cacophony continues

You might also read :

European prices down again

Sharp price drop end December on mild weather and higher LNG supply

Macro & Oil Report: Rising interest rates and falling oil prices despite the conflict between Israel & Iran

Simplifying energy markets