Strong manufacturing recovery

Macro-economy
May 4, 2021

Purchasing managers’ indices continue to be close or at historical highs in the manufacturing industry, pointing to strong growth in this sector. The small decline in the US ISM only shows that activity has ceased to accelerate in April. Bond yields are marginally down and the USD is rather stable: the EUR/USD exchange rate is trading in a narrow range around 1.2030.

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Strong manufacturing recovery

You might also read :

EUAs erased Monday’s losses

Carbon prices extended their uptrend on firmer gas and equities

ENVI’s vote for stricter EU ETS reforms lifted the carbon prices

Simplifying energy markets