Short-squeeze drove EUA prices near 90€/t
The European power spot prices inched up yesterday, buoyed by higher clean fuel costs and forecasts of weaker French nuclear availability and German wind production.…
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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