Curve prices down with weakening gas prices
Forecasts of a wind surge in the upcoming hours led the power spot prices to drop in northwestern Europe, Germany as usual observing the heaviest…
The impact of the Fed meeting is still being felt in the markets: inflation expectations have crashed (see the Graph of the day) and bond yields have followed, the US 10y falling below 1.4% overnight. The USD continued to strengthen. The EUR/USD pair plunged below 1.19. In parallel, equities plunged as well. This is the whole reflation trade that seems to be called into question.
Get more analysis and data with our Premium subscription
Ask for a free trial here