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.

Share this news :

You might also read :

March 31, 2022

Decline of activity in China

The price of Brent 1st-nearby, which had risen to almost $115/b yesterday, has since fallen back below $110/b, after even falling below $108/b. Yesterday’s rebound was due…

February 22, 2022

Prices slightly down on bearish spot fundamentals and status quo on Ukraine

European gas prices continued to weaken yesterday, pressured by forecasts of milder weather amid ongoing strong LNG supply. The announcement of a possible Putin-Biden summit…

April 20, 2022

Power and carbon markets slowly resumed trading

The European power spot prices inched down yesterday on lower clean gas costs and forecasts of slightly higher wind production with the rest of the…

Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Wait and see

You might also read :

Decline of activity in China

Prices slightly down on bearish spot fundamentals and status quo on Ukraine

Power and carbon markets slowly resumed trading

Simplifying energy markets