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  • Germany gears up for EU fight over electricity bidding zones

    From euractiv.com

    Talks on Germany’s future electricity market are heating up as all parties await a key analysis from grid operators amid looming threats from Brussels to split up the country’s wholesale market bidding zone. Currently, all Germans pay the same price for electricity, whether they live in the wind-powered north or the coal-dependent industrial south. But pressure for change is building up. While France also applies a single electricity tariff to household consumers, other large European countries like Italy or Sweden price electricity depending on location. Smaller electricity pricing zones are considered more ... (full story)

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    USD: fly in the ointment. Forecast as of 26.05.2023

    From litefinance.org|May 26, 2023

    Despite much good news for EURUSD bears, there is a cause for concern. No matter how the debt ceiling story ends, the US economy may slow down even more. Let's discuss this topic ...

    As China and the U.S. redefine geopolitics, Europe faces a win-win situation

    From cnbc.com|May 26, 2023

    As the United States look at disengaging from China, Europe could soon find itself in a sweet spot. U.S. President Joe Biden has, for most of his term so far, adopted a harsh tone ...

    UK retail sales increased at the start of Q2

    From monetamarkets.com|May 26, 2023

    Asian equity markets mostly firmed, following the AI tech-inspired rally in the US. Meanwhile, there were reports that an agreement on the US debt ceiling issue was getting ...

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    The Key Fed Inflation Rate Is Cooling At Pivotal Time For The S&P 500

    From investors.com|May 26, 2023

    The Federal Reserve's primary inflation rate gets an update for April on Friday morning, and it could provide some relief for the S&P 500. That's because markets are suddenly ...

    Personal Income and Outlays, April 2023

    From bea.gov|May 26, 2023|7 comments

    Personal income increased $80.1 billion (0.4 percent at a monthly rate) in April, according to estimates released today by the Bureau of Economic Analysis (table 3 and table 5). ...

    Advance Economic Indicators Report - April 2023

    From census.gov|May 26, 2023|1 comment

    The U.S. Census Bureau announced the following international trade, wholesale inventories, and retail inventories advance statistics for April 2023: table The international ...

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  • Posted: May 26, 2023 7:12am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 817
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    USD: fly in the ointment. Forecast as of 26.05.2023
    From litefinance.org|May 26, 2023
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