The Wednesday market continued its sideways motion in a market void of action. A Norwegian trader argued that the additional precipitation in today’s prognoses is of significance to the result of inflow and hence the spot, but saw the unsure summer forecasts and the long weekend ahead as the reason for the exceptionally thin market.
FlatSmall movements down and a lack of initiative characterized this Wednesday morning. A Norwegian trader pointed out the following factors as the most significant today:- Yesterday people bought on higher levels and today they are selling down on somewhat more precipitation in the forecasts. More rain brings higher amounts of inflow, the spot gets affected and the
Mittwoch, 15.05.2002, 11:54 Uhr
Sara Fagernes
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