Nordic power forwards are falling across the board on Thursday morning amid a continued wet weather outlook, bearish fuels and anxiety over the global economy.
The Q3 11 contract was last seen EUR 0.55 down day on day at 49.05/MWh, up from an intraday low of EUR 48.90/MWh, but still the lowest level seen since early February. Meanwhile, the Q4 11 contract had shed EUR 0.45 at EUR 53.25/MWh. "There is a general anxiety over the state of the global economy, reflected in falling equities. There's a 'wet blanket' on all markets,” St
Donnerstag, 16.06.2011, 11:26 Uhr
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