EUA reached new record high amid soaring equities, bullish energy complex and last minute compliance demand
The low temperatures continued to support the power spot prices in north western Europe yesterday which rose further up. Prices reached 59.55€/MWh on average in…
At the same time, the rebound of the USD reflects both this nervousness, but also the possibility that the anticipated tightening of ECB policy will be lighter than expected.
Japanese GDP growth was revised from +0.3% to +0.5% q/q in Q2. The economic calendar is still light today. The euro is trading below USD 1.184.