Very calm. Slight rise in the USD

Markets are quiet. The most noticeable move yesterday was the slight increase in the USD after Fed officials repeated more or less the message that appeared in the last Fed minutes: it will be soon important to start the discussion about the reduction in bond purchases. But they also repeated that inflationary tensions will remain transitory. The EUR/USD exchange rate fell below 1.22, but this level is already being tested this morning. The economic calendar is busier today. This could lead to a little more activity in the markets.

consumer confidence in germany and france
Share this news :

You might also read :

ES-gas
May 12, 2021

TTF year-ahead prices breach the €22/MWh level

Prospects of below-average temperatures in the coming two weeks, a tight supply picture and soaring coal and EUA prices pushed European gas prices further high on Tuesday. The coal API…
ES-economy
March 1, 2021

Bond markets calm down

Bond yields have declined significantly on Friday, erasing almost completely Thursday’s rise. This does not mean tensions are over: in the US, the House of…
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? 

[booked-calendar]