Germany's Habeck: A good chance to get through winter without drastic energy measures

Market news

22 August 2022

Germany's Habeck: A good chance to get through winter without drastic energy measures

German Economy Minister Robert Habeck is out with some conciliatory remarks on Monday after Russia’s Gazprom announced Friday that it will shut down its Nord Stream 1 pipeline for three days next week in the latest blow to the European gas crisis.

Key quotes

A good chance to get through winter without drastic energy measures.

We face a very difficult winter, must expect Putin to tighten gas supplies further.

Market reaction

EUR/USD is keeping its recovery mode intact near 1.0040 on the above comments, adding 0.07% on the day.

Currencies. Daily history for Monday, August 22, 2022

Commodities. Daily history for Friday, August 19, 2022

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