【MACRO Insight】The road to European energy independence is fraught with difficulties as Russia reclaims its position as the largest natural gas supplier
During the Russia-Ukraine conflict, despite Europe's efforts to reduce reliance on Russian natural gas, Russia's gas exports unexpectedly surpassed those of the United States in May, highlighting Europe's challenge in achieving energy independence. European natural gas prices surged 40% in three months due to increased demand in Asia and supply uncertainties. Despite high inventories, supply risks persist. The EU is seeking to diversify its sources and increase storage capacity to cope with mark
EU-Swiss Exchange Battle Continues: London Prepares to Delist Swiss Shares
Swiss companies may be delisted from London exchanges as soon as next week if no formal agreement is reached between the EU and Switzerland by June 30
USD/NOK Eyeing Norway CPI - Slower EU Growth May Hurt Nordics
The Norwegian Krone will be closely eyeing tomorrow‘s CPI data as the European economy slows down and may begin to weigh on Norway’s performance.
Will the Euro Fall on France Consumer Confidence？ Riots in Sight
The Euro may fall after France releases its Consumer Confidence data. The Yellow Vest protests have weighed on data amid a broader European-wide economic de-acceleration