Optimism after the PMIs and before the Fed & corporate earnings

After a turbulent week, during which it focused on problems linked to vaccines and the catastrophic surge in the pandemic in India, the market seems calmer after the release of very encouraging PMI reports and ahead of a Fed meeting this week as well as corporate earnings that are expected to be good, especially for the tech sector. US equities were strongly on the rise on Friday, bond yields are edging up and the USD keeps on weakening: the EUR/USD exchange rate is now trading above 1.21.

composite PMI
Share this news :

You might also read :

January 31, 2022

Growing risk premium at the TTF beyond WIN22

European gas curve prices showed significant gains on maturities beyond WIN22 on Friday, still supported by political statements from the US over a blocking of…
February 23, 2022

Brent almost hit $100/b

Brent crude oil hit $99.5 a barrel yesterday before settling back down to $97/b. As we explain in the Daily Eco, the sanctions imposed by the US…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet?