Nordic forward prices are weakening on Monday morning after a strong opening. The signals are mixed, traders said.
The Q3 contract last traded at EUR 49.55/MWh at Nord Pool, down EUR 0.55 from Friday. "The signals are mixed. The weather looks a bit wetter, but the forecasts are very volatile at the moment. Then you have the European rescue package which pulls up the stock market. The picture is a bit bull on the economy, and a bit bearish on the weather. In addition you have the strong spot price,”
Montag, 10.05.2010, 11:44 Uhr
Redaktion
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