Fall in European prices
European gas prices dropped yesterday, pressured by the expected rise in temperatures next week. The sharp drop in oil prices and the more moderate drop…
Strong economic indicators pushed US bond yields and the USD higher yesterday. The US job report released today could reinforce these trends if it shows a sharp rebound in job creation in May or revises April data upwards, as it is likely. The EUR/USD exchange rate plunged by nearly 1 USD, just above 1.21.
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