EUA traded sideways, torn between weaker gas and stronger equities
The European power spot prices faded yesterday, pressure by expectations of warmer weather and improved French nuclear availability. Prices dropped by 6.08€/MWh to 51.15€/MWh on…

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.