Tough time for EDF
The European power spot prices remained overall stable yesterday amid little change in fundamentals. The day-ahead prices averaged 203.56€/MWh in Germany, France, Belgium and the…
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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.