Sharply higher home prices in the US. Consumer confidence is waning

Macro-economy
May 26, 2021

The yearly growth rate in home prices is close to a 15-year high in the US and consumer confidence is showing signs of weakening. US bond yields have continued to fall and the USD to weaken: the EUR/USD exchange rate climbed above 1.2250 and the highest level of the year so far (1.2349) may be the next target. Sharp improvement in French business confidence in May.

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Sharply higher home prices in the US. Consumer confidence is waning

You might also read :

EUAs posted further gains on lingering gas market’s strength

European prices weakened on lower Asian prices

EUA spiked toward 38€/t on speculative buying and record auction result

Simplifying energy markets