EU Gas Price Cap Could Trigger Significant Changes In Markets | OilPrice.com

- Jan 23, 2023, 6:00 PM CSTJoin Our Community

“It could trigger significant and abrupt changes of the broader market environment, which could impact the orderly functioning of markets, and ultimately financial stability,” ESMA was expected to say, according to the opinion seen byon natural gas to protect consumers from excessive price spikes and limit inflationary pressure and industrial damage to European economies.on a regulation that sets a so-called “market correction mechanism,” which would come into force on February 15, 2023.

“It is entirely possible that some of the potential effects in the trading and clearing environment might only unfold” after the price cap activation.Market liquidity could be reduced, says the EU authority, although significant effects could not be identified so far.

Source: Financial Digest (financialdigest.net)

'European Securities and Markets Authority: The gas price cap could trigger significant and abrupt changes of the broader market environment, which may impact the orderly functioning of markets.' Translation: EU may just be about to blow its 'energy security' to smithereens.

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Eurozone can beat inflation while keeping markets stable\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. The Messenger “The writer is a member of the executive board of the Deutsche Bundesbank”
Source: FT - 🏆 113. / 51 Read more »

Natural disasters and cyber attacks threaten complacent insurers, watchdog warnsThe Prudential Regulatory Authority found the insurance industry resilient but found 'gaps' in its response
Source: i newspaper - 🏆 8. / 89 Read more »

The Fight Over Non-Competes Is Heating Up. The FTC Must Stand StrongNon-compete clauses have no place in labor markets, argues Sandeep Vaheesan It's unfair while working with you you have the right to fire me and while not working with you you still have the right to butt in my business?
Source: TIME - 🏆 93. / 53 Read more »

One man seems to find himself at the heart of the Tories' problemsAs cabinet secretary to three prime ministers, Case is open to the charge of not having wielded the authority he might have done ipaperviews At last... someone has had the courage to say what most people are thinking when this name crops up time after time! He must know so much on each of the conservative ministers that he is untouchable!
Source: i newspaper - 🏆 8. / 89 Read more »

Man Utd transfers: Vlahovic 'offered' after Juventus points deduction leaves UCL hopes in tattersMan Utd are one of many European clubs to be 'offered' the chance to sign Juventus and Serbia striker Dusan Vlahovic, according to a report. Man is a flop hell no thanks 😂 So now Arsenal are good enough for Vlahovic? jbsoutar Man is really good and would do wonders at arsenal. But I don’t want a player who’s treated us like he did last winter.
Source: F365 - 🏆 5. / 97 Read more »

Russian Oil Ban Creates Profit Opportunities For Traders In Singapore | OilPrice.comTraders are reaping 20% profit margins by mixing and reselling cheap Russian oil in Singapore, which has become a hub for trade due to the ban in the West. Guess those sanctions arent working
Source: OilandEnergy - 🏆 34. / 68 Read more »