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EU Survey Reveals Massive Support for Renewable Energy Transition

A majority of European Union citizens are in favor of an accelerated transition away from oil and gas and into alternative energy sources and transport electrification, a survey conducted by the European Investment Bank has shown, as reported by Reuters, which got an exclusive look at the survey. According to the survey, which involved 23,000 respondents, 87% wanted governments to make the…

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What are the main events for today?

EUROPEAN SESSION In the European session, the main highlight is the Bank of England rate decision. The BoE is widely expected to raise interest rates by 25 bps to 4.00%, marking the first hike in the current tightening cycle. Stronger-than-expected economic activity, improving labour-market conditions and persistent inflation pressures have weakened the case for keeping rates unchanged. The main…

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