(powernews.org) - A rather uneventful Monday morning market was stumbling a few NOKs down during morning hour trading. A Swedish trader was of the opinion that the market is without a strong will as there is little new information to relate to this morning, while a Norwegian trader argued that a lot of precipitation is being delivered, but still not as much as forecast, preventing the bears from playing large.
Limited downside The morning market traded noticeably down from Friday, as weather prognoses are mild and wet still. A Norwegian trader said that the downside we are witnessing at the moment is not very large, however, as we are still in the middle of winter and gradually lower temperatures will return this week: - Th
Montag, 14.01.2002, 14:40 Uhr
Sara Fagernes
© 2024 Energie & Management GmbH