The Tuesday morning market was up from the Monday close as weather forecasts again are postponing the breakdown of the high pressure. What this eventually will mean is in today’s market priced several NOKs up in both the futures and forward contracts, but as usual, it’s all in the weather.
Unsurprisingly, the breakdown of the high pressure is further postponed and the market’s natural response was to take prices to a higher level this morning. SO-03 lifted to the 235 level, V2-03 traded above 251, while the nearest weeks were traded around the Week10 level. LinkA Norwegian trader pointed to the interpl
Dienstag, 25.02.2003, 12:16 Uhr
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