The market in search of certainty

Macro-economy
June 22, 2021

Bond yields have rebounded, equities as well and the USD has lost some ground, the EUR/USD exchange rate returning above 1.19… before falling back below this morning. Fed speakers have in general been reassuring about inflation, but their speeches show different opinions. The market seems a bit lost and does not really know what to make of the last Fed meeting.

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The market in search of certainty

You might also read :

EUAs broke above technical resistance in another quiet session

Emissions strongly rebounded over the last session of the week

EUAs and power prices retreated after early gas-induced gains

Simplifying energy markets