Good economic reports fuel optimism about the global recovery

Macro-economy
May 7, 2021

Optimism seems returning on financial markets for the end of this week: equities have rebounded, while bond yields remained stable. The USD lost some ground, pushing the EUR/USD exchange rate up to 1.2070. Good economic figures in the US ahead of likely strong job creation in April as well as optimistic comments from the BoE and Chinese trade figures above expectations have all contributed to reinforce global recovery hopes.

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Good economic reports fuel optimism about the global recovery

You might also read :

The sharp drop in oil prices leaves them at very high levels

The White house starts to worry about fuel price inflation

Power and carbon prices faded on gas sell-off

Simplifying energy markets