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Energie & Management > Marktkommentar Nordic - Market - On cruise-control
Marktkommentar Nordic

Market - On cruise-control

The thin Tuesday market got a small lift in both the forward- and future contracts as the EC forecasts lower temperatures and the precipitation index shows lesser amounts of rain. The overall picture remains hesitant for the current week, however, and players say that the market could go up as well as down before the Whitsun holidays.
What is needed for a more significant movement are greater fundamental changes, they say. BearishMost action took place in Week21 this morning and little was triggered elsewhere. An international trader argued that the situation currently is that precipitation was delivered over the weekend, but that it could take another week or so before the greater

Dienstag, 14.05.2002, 12:13 Uhr
Sara Fagernes
Energie & Management > Marktkommentar Nordic - Market - On cruise-control
Marktkommentar Nordic
Market - On cruise-control
The thin Tuesday market got a small lift in both the forward- and future contracts as the EC forecasts lower temperatures and the precipitation index shows lesser amounts of rain. The overall picture remains hesitant for the current week, however, and players say that the market could go up as well as down before the Whitsun holidays.
What is needed for a more significant movement are greater fundamental changes, they say. BearishMost action took place in Week21 this morning and little was triggered elsewhere. An international trader argued that the situation currently is that precipitation was delivered over the weekend, but that it could take another week or so before the greater

Dienstag, 14.05.2002, 12:13 Uhr
Sara Fagernes

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