Bears keep control of European energy prices at the start of 2023
Gas & Power Podcast #13 In this Gas & Power EnergyScan podcast, Julien Hoarau tells us about bearish gas and power markets supported by comfortable…
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.
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