EnergyScan

The market is waiting for the Fed

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 :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-economy
February 4, 2021

Is the best is the enemy of the good?

US economic reports may be too good  for markets as they both tend to fuel inflationary fears and lower the need for a big stimulus…
ES-gas
February 24, 2021

European prices rebounded

European gas prices rebounded yesterday, supported by lower pipeline supply and forecasts of lower temperatures. Indeed, due to a series of unplanned outages, Norwegian flows…
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?  Sign up here!

[booked-calendar]