Prices down on improving stock levels
European gas prices weakened yesterday, pressured by improving spot fundamentals, as shown by storages that have switched to net injection mode for the European Union…
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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.