Things are levelling off in the Nordic market this morning with price falling slightly. Even so, players do not expect a downward trend to develop and stress that the fundamentals are still bullish. In addition, there are question marks over the restart of the Swedish nukes.
Friday started quietly both OTC and at Nord Pool. Players are clearly waiting to see how things develop and some are taking the opportunity for profit taking.”We see that all the negatives in the fundamentals have been taken out now. We have reached a saturation point. Many are probably waiting for new and clearer fundamental signals,” says Tormond Nilsen, trader at Fjordkraf
Freitag, 4.08.2006, 11:16 Uhr
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