Nordic forwards are firming on the back of crude oil on Thursday morning, but the market sentiment remains bearish, traders said.
Q4 was last seen at EUR 32.20/MWh, up EUR 0.25 on Wednesday's settlement, while YR 10 had risen EUR 0.10 to EUR 33.80/MWh. "The market is very boring right now, and a higher oil price is the only new signal today. But the market feels bearish overall, and seems to want to continue further down,” a Swedish trader said.
Following a downtrend since June, the long en
Donnerstag, 17.09.2009, 11:02 Uhr
Andreas Kögler
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