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 :

EUA eroded recent gains despite rising energy complex

US cracks ease, on biofuel mandate waivers

Power prices posted gains while EUAs retreated after a bullish session

Simplifying energy markets