EUAs continued to surge toward 80€/t
The power spot prices were mixed yesterday in northwestern Europe, down in Germany and the Netherlands on stronger wind forecasts, flat in Belgium due to…
It was a key test for the bond market and it passed with flying colours. Higher-than-expected (but not that much) inflation figures were followed by further rise in equities, lower bond yields and a significant drop in the USD, the EUR/USD exchange rate increasing above 1.1950, a one-month high. The fact that Johnson & Johnson (JJ) delayed the planned rollout of its Covid vaccine in Europe after the US health agency called for a pause to investigate rare cases of blood clots had no major impact on markets either.
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