The market is waiting for the Fed

  • Macro-economy

Financial markets should remain rather cautious today ahead of the end of the Fed meeting. We do not expect any policy change, but the tone of the statement and comments from Jerome Powell will be closely monitored. Inflation expectations continue to rise, pushing US bond yields and the USD higher. The European Union lives in another world made of vaccine shortages and endless containment. The EUR/USD pair is trading around 1.19.

Car registrations in Europe were down by around 20% yoy in February to record-low levels for this period of the year.  

car-registration-in-euro-area
Share this news :

You might also read :

ES-gas
August 31, 2021

Prices posted additional increases

In a session with low liquidity as the UK market was closed, European gas prices maintained their uptrend yesterday, still supported by tight fundamentals. The…
ES-oil
May 4, 2022

Chinese prospects drive the market down

Oil prices slid on Tuesday, ICE Brent lost 2.4% to end at $104.97/b. NYMEX WTI went 2.6% down to settle at $102.41/b. Market participants continue…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]