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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Published in | BIS Quarterly Review pp. 1 - 14 |
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Format | Magazine Article |
Language | English |
Published |
Basel
Bank for International Settlements
01.09.2022
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Subjects | |
Online Access | Get full text |
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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). |
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Bibliography: | content type line 24 ObjectType-Feature-1 SourceType-Magazines-1 |
ISSN: | 1683-0121 |