The stock markets are on the rise too, but many wonder if that can last long. Commodity prices are surging higher with oil prices now above $60/b (see the Daily Oil). In the US, the debate about the content of the stimulus package is intensifying inside the Democratic party, as risks of overheating are considered more seriously. The USD is weakening for the 3rd straight day and the EUR/USD is now trading around 1.2080.
European gas prices dropped significantly yesterday, pressured by lower residential demand due to higher temperatures and higher Norwegian supply. Indeed, Norwegian flows recovered yesterday, averaging…
Prices increased again significantly yesterday in most European gas markets, still supported by strong residential demand and relatively weak supply amid very bullish Asian power…
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