Markets swing on perceptions of the policy outlook

[...]the US curve inverted sharply, in what is typically a harbinger of recessions (centre panel). [...]electricity prices for current and future delivery soared in countries more reliant on natural gas for power generation, reaching unprecedented heights. [...]energy-intensive sectors suffered. [.....

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Bibliographic Details
Published inBIS Quarterly Review pp. 1 - 14
Format Magazine Article
LanguageEnglish
Published Basel Bank for International Settlements 01.09.2022
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Summary:[...]the US curve inverted sharply, in what is typically a harbinger of recessions (centre panel). [...]electricity prices for current and future delivery soared in countries more reliant on natural gas for power generation, reaching unprecedented heights. [...]energy-intensive sectors suffered. [...]the stock prices of German industrial firms fell markedly when natural gas prices spiked (Graph 4, fourth panel).
Bibliography:content type line 24
ObjectType-Feature-1
SourceType-Magazines-1
ISSN:1683-0121