Good economic reports fuel optimism about the global recovery

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-power
February 17, 2021

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…
ES-oil
June 14, 2021

Inventories spring cleaning

ICE Brent prompt contract traded above 73 $/b, as demand continued to outpace supply, according to Kpler inventories measurements. Regional price differentials are already starting…
ES-oil
January 18, 2022

Pressured market

The pressure keeps building in the crude market, with ICE Brent crude rallying close to 88 $/b at the prompt this morning in a backdrop of…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]