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Energie & Management > Commentary - Market - Level of consolidation
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Commentary

Market - Level of consolidation

The Tuesday market opened down with the less dry weather forecasts, and V2-03 traded in a 340-350 NOK/MWh range. The market remains thin and nervous, however, and according to a Swedish trader it is not ready for a downside, but has possibly entered a phase of consolidation. “But the trend is clear,” he stated, and was supported by a Norwegian player.
As the hydrological deficit is getting bigger with the dry August weather, today’s forecasts gave the market a little boost on the downside, seeing some precipitation possibly delivering. This morning the downside was consequently tested with the news, but not a lot of confidence is given that a significant amount of rain is to be delivered, and including the current period, a hydrologica
Dienstag, 5.08.2003, 11:49 Uhr
© 2024 Energie & Management GmbH
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E&M  Commentary
Mittwoch, 6.08.2003, 11:31
Market - Waiting for something
The morning market was thin but strengthened a few NOK, and players were generally in a wait and see mood. “It’s a breather after two hectic days, and prior to something hitting the market again, most likely on the upside,” a Norwegian trader argued. Another Norwegian player believed the market was waiting for wet forecasts, and that no one seemed keen on doing much before that was confirmed, or called off.
Energie & Management > Commentary - Market - Waiting for something
Mittwoch, 6.08.2003, 11:31
E&M  Commentary
Market - Waiting for something
The morning market was thin but strengthened a few NOK, and players were generally in a wait and see mood. “It’s a breather after two hectic days, and prior to something hitting the market again, most likely on the upside,” a Norwegian trader argued. Another Norwegian player believed the market was waiting for wet forecasts, and that no one seemed keen on doing much before that was confirmed, or called off.
mehr
E&M  Commentary
Montag, 4.08.2003, 11:22
Market - New nightmare on El Street?
With the continued dry weather outlooks the Monday market gapped up in a way not seen since last winter. V2-03 was up 36.50 NOK, at 370 NOK/MWh at open, before the contract traded down to 355 NOK/MWh in a thin morning market. “This level becomes price driving in itself, seeing liquidity drop and nervousness increase. But it is much too early to speak of a crisis,” a Norwegian trader said.
Energie & Management > Commentary - Market - New nightmare on El Street?
Montag, 4.08.2003, 11:22
E&M  Commentary
Market - New nightmare on El Street?
With the continued dry weather outlooks the Monday market gapped up in a way not seen since last winter. V2-03 was up 36.50 NOK, at 370 NOK/MWh at open, before the contract traded down to 355 NOK/MWh in a thin morning market. “This level becomes price driving in itself, seeing liquidity drop and nervousness increase. But it is much too early to speak of a crisis,” a Norwegian trader said.
Energie & Management > Commentary - Market - Level of consolidation
zurück
Commentary
Market - Level of consolidation
The Tuesday market opened down with the less dry weather forecasts, and V2-03 traded in a 340-350 NOK/MWh range. The market remains thin and nervous, however, and according to a Swedish trader it is not ready for a downside, but has possibly entered a phase of consolidation. “But the trend is clear,” he stated, and was supported by a Norwegian player.
As the hydrological deficit is getting bigger with the dry August weather, today’s forecasts gave the market a little boost on the downside, seeing some precipitation possibly delivering. This morning the downside was consequently tested with the news, but not a lot of confidence is given that a significant amount of rain is to be delivered, and including the current period, a hydrologica
Dienstag, 5.08.2003, 11:49 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 6.08.2003, 11:31
Market - Waiting for something
The morning market was thin but strengthened a few NOK, and players were generally in a wait and see mood. “It’s a breather after two hectic days, and prior to something hitting the market again, most likely on the upside,” a Norwegian trader argued. Another Norwegian player believed the market was waiting for wet forecasts, and that no one seemed keen on doing much before that was confirmed, or called off.
Energie & Management > Commentary - Market - Waiting for something
Mittwoch, 6.08.2003, 11:31
E&M  Commentary
Market - Waiting for something
The morning market was thin but strengthened a few NOK, and players were generally in a wait and see mood. “It’s a breather after two hectic days, and prior to something hitting the market again, most likely on the upside,” a Norwegian trader argued. Another Norwegian player believed the market was waiting for wet forecasts, and that no one seemed keen on doing much before that was confirmed, or called off.
mehr
E&M  Commentary
Montag, 4.08.2003, 11:22
Market - New nightmare on El Street?
With the continued dry weather outlooks the Monday market gapped up in a way not seen since last winter. V2-03 was up 36.50 NOK, at 370 NOK/MWh at open, before the contract traded down to 355 NOK/MWh in a thin morning market. “This level becomes price driving in itself, seeing liquidity drop and nervousness increase. But it is much too early to speak of a crisis,” a Norwegian trader said.
Energie & Management > Commentary - Market - New nightmare on El Street?
Montag, 4.08.2003, 11:22
E&M  Commentary
Market - New nightmare on El Street?
With the continued dry weather outlooks the Monday market gapped up in a way not seen since last winter. V2-03 was up 36.50 NOK, at 370 NOK/MWh at open, before the contract traded down to 355 NOK/MWh in a thin morning market. “This level becomes price driving in itself, seeing liquidity drop and nervousness increase. But it is much too early to speak of a crisis,” a Norwegian trader said.

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