The Nikkei above 30000, 30 years later

Macro-economy
February 15, 2021

New record-high levels on US equities as well as strong domestic GDP figures have pushed the main Japanese stock market index above 30000 for the 1^st time since 1990. The reflation trade continues to rule financial markets with the US 10 years up above 1.2%, a 12-month high, a move amplified by the sharp rise in oil prices, likely due to extreme cold weather conditions in Texas. The USD is weakening and the EUR/USD is now trading around 1.2140.

Share this news :

You might also read :

April 13, 2021

Sharp increase in European prices

European gas prices increased sharply yesterday, supported by cold weather and weak pipeline supply. Indeed, although they increased yesterday to 300 mm cm/day on average,…

March 29, 2022

So much uncertainty

Negotiations resume in Turkey between Ukrainian and Russian representatives with a view to reaching a ceasefire. The Ukrainian counter-offensive on the ground suggests that the balance…

January 8, 2021

Mobility takes a toll

Brent prompt futures remained at 54.7 $/b on early Thursday. Mobility across Europe and the US is reportedly lower in early January as most countries…

Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter