EUA finally climbed above 40€/t but eventually fell at the end of the session
The European power spot prices dropped significantly yesterday amid forecasts of stronger wind output, weaker demand and lower gas prices. Prices eroded 18.33€/MWh from Wednesday…

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.