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Commentary

Market - Buy buy?

Weather forecasts were moderated today and the outlooks for a new high pressure at the end of the period lifted the market a few NOKs after the steep fall Monday. The summer contract was back at the 239 level, and V2-03 traded up at 353 NOK/MWh. Everything remains highly uncertain, however, but one player characterized the situation as balanced and awaiting without a clear trend.
As the Tuesday market was back up the “anti-trend” of constant ups and downs continues. Players maintain that the outcome of the current in-between market all comes down to the weather – surprise – which at the moment consists of much neutral muddling. What seems sure, however, is that precipitation will be delivered over the next days and temperatures will be spring-lik
Dienstag, 4.03.2003, 11:53 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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E&M  Commentary
Mittwoch, 5.03.2003, 12:13
Market - Bull scare and bear fear
After the strong Tuesday close the Wednesday market corrected back down, much like the pattern seen lately when the market takes the opposite direction the morning after. A Swedish trader said that he was very surprised that the market did not fall more than it did today, and argued that yesterday’s lift was more based on fear than reality. A Norwegian producer was bearish in the short picture too, but held that in the forward contracts the only way is up.
Energie & Management > Commentary - Market - Bull scare and bear fear
Mittwoch, 5.03.2003, 12:13
E&M  Commentary
Market - Bull scare and bear fear
After the strong Tuesday close the Wednesday market corrected back down, much like the pattern seen lately when the market takes the opposite direction the morning after. A Swedish trader said that he was very surprised that the market did not fall more than it did today, and argued that yesterday’s lift was more based on fear than reality. A Norwegian producer was bearish in the short picture too, but held that in the forward contracts the only way is up.
mehr
E&M  Commentary
Montag, 3.03.2003, 11:56
Market - Ifs and buts and ups and downs
The weather outlooks have changed significantly over the weekend, and the Monday market consequently opened several NOKs down. It is too early to speak of a trend change, however, but a lasting weather alteration will take this further down from the morning’s steep fall, players argued. Whether a weather trend change is on the cards now is a different ball game, however.
Energie & Management > Commentary - Market - Ifs and buts and ups and downs
Montag, 3.03.2003, 11:56
E&M  Commentary
Market - Ifs and buts and ups and downs
The weather outlooks have changed significantly over the weekend, and the Monday market consequently opened several NOKs down. It is too early to speak of a trend change, however, but a lasting weather alteration will take this further down from the morning’s steep fall, players argued. Whether a weather trend change is on the cards now is a different ball game, however.
Energie & Management > Commentary - Market - Buy buy?
zurück
Commentary
Market - Buy buy?
Weather forecasts were moderated today and the outlooks for a new high pressure at the end of the period lifted the market a few NOKs after the steep fall Monday. The summer contract was back at the 239 level, and V2-03 traded up at 353 NOK/MWh. Everything remains highly uncertain, however, but one player characterized the situation as balanced and awaiting without a clear trend.
As the Tuesday market was back up the “anti-trend” of constant ups and downs continues. Players maintain that the outcome of the current in-between market all comes down to the weather – surprise – which at the moment consists of much neutral muddling. What seems sure, however, is that precipitation will be delivered over the next days and temperatures will be spring-lik
Dienstag, 4.03.2003, 11:53 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 5.03.2003, 12:13
Market - Bull scare and bear fear
After the strong Tuesday close the Wednesday market corrected back down, much like the pattern seen lately when the market takes the opposite direction the morning after. A Swedish trader said that he was very surprised that the market did not fall more than it did today, and argued that yesterday’s lift was more based on fear than reality. A Norwegian producer was bearish in the short picture too, but held that in the forward contracts the only way is up.
Energie & Management > Commentary - Market - Bull scare and bear fear
Mittwoch, 5.03.2003, 12:13
E&M  Commentary
Market - Bull scare and bear fear
After the strong Tuesday close the Wednesday market corrected back down, much like the pattern seen lately when the market takes the opposite direction the morning after. A Swedish trader said that he was very surprised that the market did not fall more than it did today, and argued that yesterday’s lift was more based on fear than reality. A Norwegian producer was bearish in the short picture too, but held that in the forward contracts the only way is up.
mehr
E&M  Commentary
Montag, 3.03.2003, 11:56
Market - Ifs and buts and ups and downs
The weather outlooks have changed significantly over the weekend, and the Monday market consequently opened several NOKs down. It is too early to speak of a trend change, however, but a lasting weather alteration will take this further down from the morning’s steep fall, players argued. Whether a weather trend change is on the cards now is a different ball game, however.
Energie & Management > Commentary - Market - Ifs and buts and ups and downs
Montag, 3.03.2003, 11:56
E&M  Commentary
Market - Ifs and buts and ups and downs
The weather outlooks have changed significantly over the weekend, and the Monday market consequently opened several NOKs down. It is too early to speak of a trend change, however, but a lasting weather alteration will take this further down from the morning’s steep fall, players argued. Whether a weather trend change is on the cards now is a different ball game, however.

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