EUAs rebounded at the end of the day on surging oil prices
The European power spot prices slightly faded yesterday amid forecasts of higher temperatures dampening the demand, but managed to remain above both clean gas and…
The ECB meeting had little impact on markets. The reduction in bond purchases was not even discussed Mrs. Lagarde said. The European markets welcomed the news, but Wall Street plunged after a Bloomberg news according to which a big tax hike on capital gains is included in the next economic package of the White House. The EUR/USD exchange rate keeps on, testing 1.20, but remains above that level this morning. Preliminary PMIs will be the main economic reports today.
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