Good economic reports fuel optimism about the global recovery

  • Macro-economy

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.

china-external-trade
Share this news :

You might also read :

ES-gas
July 7, 2021

Strong downward correction

European gas prices dropped significantly yesterday, pressured by below-normal demand and technical correction, which outweighed the impact of lower Russian supply. Indeed, due to maintenance…
ES-economy
March 1, 2022

A break before choosing

While the fighting in Ukraine is intensifying, financial markets seem to be calming down somewhat. Equity markets trimmed their losses in Europe yesterday, fell little…
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]