EnergyScan

Stimulus hopes fuel optimism. Inflation expectations on the rise

The rather disappointing January US job report reinforced expectations of a substantial stimulus package. The US Treasury Secretary strongly defended it and the Senate voted a budget resolution that clears the way for a vote without support from the Republican party. The stock market continues to rise, but inflation expectations and bond yields too. The euro rebounded against the USD on Friday, confirming that there is a strong support around 1.20 and that the upward trend may resume eventually, once there is some good news in the euro area.

US-job-market
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-economy
April 22, 2021

Just a warning shot for now

Equity markets rebounded yesterday, but bond yields fell to a new five-week low, which tends to suggest this is a fragile reprieve, mainly bases on…
ES-gas
September 10, 2021

Prices continued to rise

European gas prices extended gains yesterday, still supported by concerns on weak supply and low stock levels. Russian flows were slightly up, averaging 297 mm…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter
Thank you for subscribing to our newsletter​

We will get back in touch with you soon.

Don’t forget to follow us on twitter!

EnergyScan - Newsletter subscription

Don’t have an account yet?  Sign up here!

[booked-calendar]