Wait and see

Macro-economy
June 8, 2021

The market is already in a wait-and-see mode before the ECB meeting and, above all, the release of May US inflation figures on Thursday. The Fed meeting will then follow next week. Limited market moves yesterday. The EUR/USD exchange rate was up, but then gave up some of its gains to trade around 1.2180 this morning. Very busy economic agenda today, mainly in Europe. No big market mover nevertheless.

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Wait and see

You might also read :

No change for the ECB. US stocks down on prospects of higher tax on capital gains

Sharp drop in European prices

No rebound in the euro as long as slow vaccination campaigns cloud recovery prospects

Simplifying energy markets