Is the best is the enemy of the good?

US economic reports may be too good  for markets as they both tend to fuel inflationary fears and lower the need for a big stimulus package. The positive trend in the stock market has started to reverse. Asian markets also suffered from confirmation of the tough stance of the Biden administration vis-à-vis China. The Italian bond spread is narrowing on prospects of a Draghi government, but nothing is done. The euro keeps on weakening against the USD nevertheless, as the market seems catching up with the widening spread between the US and German bond yields.

eur-usd
Share this news :

You might also read :

ES-power
April 5, 2022

Neutral carbon and easing power prices

The NWE power spot prices observed mixed variations yesterday, the French prices strongly correcting downward from its peak amid forecasts of lower demand and improved…
ES-gas
May 31, 2021

European prices down again

European gas prices extended (moderately) losses on Friday as the rise in temperatures continued to exert downward pressure. The drop in Asia JKM prices and…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter
Thank you for subscribing to our newsletter​

We will get back in touch with you soon.

Don’t forget to follow us on twitter!

EnergyScan - Newsletter subscription

Don’t have an account yet? 

[booked-calendar]