Markets hesitant in the face of the spread of the delta variant
Macro-economy
June 29, 2021
US tech stocks reached new record-high levels, but the trend is rather downward on equity markets, bond yields have edged lowed and the USD has strengthened a bit, which overall reflects a more cautious sentiment, mainly linked to travel restrictions imposed by the Delta variant. The EUR/USD exchange rate is trading near 1.1920.
Sometimes markets are fascinating (or despairing?). It was enough for the Fed Chairman to be reassuring about 1) the Fed’s desire to curb inflation and…
European spot gas prices increased yesterday, supported by higher demand. The trend was more mixed for curve prices which adopt a wait-and-see position in a…
The power spot prices in NWE fell below the clean gas costs yesterday, pressured by forecasts of weaker demand and surging wind output. Prices reached…
Join EnergyScan
Get more analysis and data with our Premium subscription