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Energie & Management > Commentary - Market - Rain on drain
Commentary

Market - Rain on drain

As the high pressures have moved to the Mediterranean, the Nordic hydrological system is influenced by a bearish traffic jam from the Atlantic. And although today’s weather forecasts were noticeably drier than yesterday, southern and central Scandinavia is expecting rather high amounts of precipitation for the period. So, yesterday’s significant drop continued this morning, somewhat more carefully.
Bearish sentimentAs V2-03 has fallen some 10 NOK since Friday, the morning market was somewhat more cautious on the downside than Monday, but fell several NOKs during the morning session. As expected, the overly wet weather seen in yesterday’s forecasts was modified today, and players do not believe in a quick recovery of the depressing hydro balance and a sudden

Dienstag, 29.04.2003, 12:12 Uhr
Energie & Management > Commentary - Market - Rain on drain
Commentary
Market - Rain on drain
As the high pressures have moved to the Mediterranean, the Nordic hydrological system is influenced by a bearish traffic jam from the Atlantic. And although today’s weather forecasts were noticeably drier than yesterday, southern and central Scandinavia is expecting rather high amounts of precipitation for the period. So, yesterday’s significant drop continued this morning, somewhat more carefully.
Bearish sentimentAs V2-03 has fallen some 10 NOK since Friday, the morning market was somewhat more cautious on the downside than Monday, but fell several NOKs during the morning session. As expected, the overly wet weather seen in yesterday’s forecasts was modified today, and players do not believe in a quick recovery of the depressing hydro balance and a sudden

Dienstag, 29.04.2003, 12:12 Uhr

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