European prices rebounded
European gas prices rebounded yesterday, supported by forecasts of colder weather in some countries and tight pipeline supply. The strong rise in parity prices with…
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.
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