EUAs retreated after failing to reach new record
The European power spot prices slightly decreased yesterday, weighed by forecasts of higher wind output and milder weather. Prices eroded 2.48€/MWh to reach 49.73€/MWh on…
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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