Prices up as a risk premium on the Russia-Ukraine conflict is building
European gas prices increased strongly yesterday as a risk premium on the Russia-Ukraine conflict is building. Even the statements of Russian government spokesman saying that…

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.