Iran conflict has increased financial and energy market volatility: Macklem
The head of the Bank of Canada highlights that the ongoing conflict in Iran is creating instability in financial and energy markets, particularly impacting oil and gas importers.
Stock Exchange: Dynamic rebound with a jump of 4.1% – Banks and EYDAP stood out
The Athens Stock Exchange saw a rally above 4%, recovering some of the extensive sell-offs from the previous days driven by stabilization in energy prices and positive performance in Europe.
Gas prices continue to rise: – This is very unusual
Gas prices in Europe have surged significantly, reaching levels not seen since the onset of energy crises, amid market fears and volatility.
Electric companies abandon energy trading in Brazil due to increased risks and generator retraction
Electric companies in Brazil are withdrawing from energy trading due to rising risks related to credit and price volatility, compounded by a decline in energy sales from generators that has reduced liquidity for many traders.
Electricity: Rapid increase in zero and negative prices in wholesale with over 475 hours in 2025
The wholesale electricity market is seeing a rapid rise in zero and negative prices, projected to exceed 475 hours in 2025, with 7% of renewable energy considered wasted amidst ongoing market volatility.