Prices up as concerns about low stock levels have returned to the fore
European gas prices increased on Friday as concerns about low stock levels have returned to the fore (on 22 January, European gas storages were 43%…
This was to be expected: market participants are waiting for tomorrow and the parallel releases of US inflation figures as well as the ECB’s decision on bond purchases. Meanwhile, very few notable news, although bond yields have lost some basis points, the US 10y falling to a 3-month low, below 1.52%. The EUR/USD exchange rate is rather stable, slightly below 1.22. Chinese price data confirmed upward price pressures in industry. Otherwise, there are very few market movers again today.
Get more analysis and data with our Premium subscription
Ask for a free trial here