Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/befikry/energyscan.befikry.com/wp-includes/functions.php on line 6121
Economic rebound threatened by the Indian variant and inflation – EnergyScan

Economic rebound threatened by the Indian variant and inflation

The rebound in new Covid cases in some Asian countries and in the UK is a threat for the current economic recovery. In the US, this is more the slippage in inflation that could derail the recovery in the short-term. Consumers are starting to show clear signs of worry and the Fed is probably less comfortable than it wants to say. Chinese economic figures came out below expectations in April but yoy basis effects are huge. Bond yields have eased a bit and the USD is edging up after having lost some ground on Friday: the EUR/USD exchange rate is trading around 1.2130.

retail sales and industrial output in China
Share this news :

You might also read :

ES-power
January 19, 2021

EUAs traded rangebound amid mixed signals

The European power spot prices faded yesterday on forecasts of stronger wind output and warmer temperatures dampening the power demand. Prices eroded 7.74€/MWh to 50.70€/MWh…
ES-oil
March 4, 2021

3 standard deviations away

Brent prompt future contract significantly recovered yesterday, to reach 64.7 $/b. Crude prices were boosted by rumours that OPEC members could roll over the current production…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]