Joe Biden is set to lay out his stimulus package later today

Bond yields that had declined have started rebounding on rumors the stimulus package may amount to $2tn. Answer later today. Whatever the size of the plan, the Senate will have to take time to vote it, as in parallel, it will have to deal with the trial of Mr. Trump, who has been impeached by the House for the second time. Chinese external trade data released overnight confirmed the strength of activity in December, but the country is facing a resurgence of the pandemic too: for the first time since April one people died of Covid-19. The EUR/USD remains on a slight downward trend, below 1.22.

Share this news :

You might also read :

January 19, 2022

DUCs at rock bottom

Japanese refining scaled back in the first weeks of January to 2.86 mb/d while we expected runs to remain at 2.95 mb/d. Crude inventories rose by 3…
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?