The equity market looks increasingly nervous

The equity market plunged yesterday, allegedly on comments from Janet Yellen that interest rates could rise as a result of massive stimulus packages in the US. The cause and effect link is far from being established and the market has been nervous for a while, especially in the tech sector. Besides, the bond and FX market barely reacted. The EUR/USD exchange rate is still trading slightly above 1.20. The large victory of the conservative People’s party in Madrid is a blow for the Socialist government but also a strong warning for governments in place in Germany and France: upcoming elections will be dominated by the management of the Covid crisis.

Share this news :

You might also read :

January 26, 2021

Lower prices in Asia and in Europe

European gas prices dropped yesterday, both on the spot and the curve. Prices were pressured by new weather forecasts pointing to milder temperatures, significantly above…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet?