Carbon and power prices tracked the falling gas prices
he power spot prices for today dropped by between 16.30€/MWh and 20.58€/MWh from Friday in Germany, Belgium and the Netherlands on forecasts of soaring wind…
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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