With the EC weather outlooks there wasn’t much talk of a downside this morning. On the contrary, players are becoming rather worried about the situation we could end up in during winter with the increasingly worsening deficit condition. Thus, there is still a lot to take out on the upside, a Norwegian trader argued, who did not considered the trend a bull-bubble.
200 nextThat we’ll see W2-02 and W1-03 above NOK 200 this week is a relatively sure bet the Oslo-based trader stated this morning. That is just a first stop on the way, and next week the spot should creep up above 200 as well, he argued. The road has been pointed out for quite some time, and even a confirmation of today’s wet AVN would only have a limited downsi
Mittwoch, 25.09.2002, 12:13 Uhr
Sara Fagernes
© 2024 Energie & Management GmbH