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 12, 2021

The ECB takes the bull by the horns. The Fed will likely be forced to follow

The ECB has already started to increase its asset purchases in order to address rising bond yields. There has been a curious respite on the…

February 10, 2021

Prices down on the spot and the curve

European gas prices were down yesterday, pressured by expectations of higher temperatures next week and more LNG supply in the near future. The slight drop…

November 8, 2021

Saudis hike their OSP capture the Asian refining profit margin

Crude prices continued to be supported, at 83.5 $/b on early Monday, as the OPEC saga ended on Friday with Saudi official selling prices being…

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 :

The ECB takes the bull by the horns. The Fed will likely be forced to follow

Prices down on the spot and the curve

Saudis hike their OSP capture the Asian refining profit margin

Simplifying energy markets