Inflation. What else?

The inflationary threat continues to take center stage, particularly in the US and probably for some time to come. Bond yields edged up and equities lost some ground yesterday, although European markets are up this morning. The USD weakened further, the EUR/USD pair now nearing 1.22, but overall the market moves should remain rather moderate ahead of the release of the Fed minutes tomorrow. The Japanese Q1 GDP figures were a bit worse than expected, as activity posted a 1.3% qoq contraction in Q1.

gpd-down-Q1-Japan
Share this news :

You might also read :

ES-gas
July 2, 2021

TTF month-ahead prices at new all-time highs

European gas prices reached new highs on Thursday in another extremely bullish trading session. TTF month-ahead prices traded at a new all-time high at €37.50/MWh…
ES-gas
March 23, 2021

European prices rebounded

European gas prices rebounded yesterday, supported by forecasts of colder weather in some countries and tight pipeline supply. The strong rise in parity prices with…
ES-economy
June 8, 2021

Wait and see

The market is already in a wait-and-see mode before the ECB meeting and, above all, the release of May US inflation figures on Thursday. The…
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]