A quick reversal of carbon prices
The European power spot prices inched up yesterday as forecasts of higher demand and falling wind production were mostly offset by expectations of improved French…
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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.