EUAs and power prices posted gain on rising gas prices
The European power spot prices faded further yesterday, weighted by forecasts of rising wind and hydro generation, although the stronger power demand expected today might…
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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.