Market Insight

DAILY MARKET REPORT – 07/07/2025A quiet day, perhaps largely expected, seen on Friday with the last few sessions being fairly muted and the US markets closed due to a public holiday.Fundamentals remain unchanged. Gas stocks now over 60% full, Norwegian output back to usual levels and low wind generation levels expected…

DAILY MARKET REPORT – 04/07/2025Another muted session seen yesterday.Today is Independence Day in the US, and so may affect the volume of global trading due to it being a non-working day.That may have given markets yesterday a bit of a ‘Friday feeling’ and we may expect much of the same…

DAILY MARKET REPORT – 03/07/2025A fairly muted session seen yesterday.Investment Funds had reduced their net long position by around 25 TWh in the latest Commitment of Traders report, aligned to the reduction in price levels over the past week,Strong Norwegian output, gas stocks now hitting close to 60% and lower…

DAILY MARKET REPORT – 02/07/2025A small gain seen in yesterdays session, unwinding the move seen on Monday.The market seems to have lost its underlying concern, for now at least, as the ceasefire between Israel and Iran continues to hold.Overnight President Trump announced that Israel had further agreed to a 60…

DAILY MARKET REPORT – 01/07/2025Welcome along to July and halfway through 2025 already.A quiet start to the week with just a small downward movement seen in yesterdays session.Low wind generation and plenty of warm weather has pushed the electricity day ahead prices to recent highs in yesterdays auctions.Today the latest…

DAILY MARKET REPORT – 30/06/2025A calm end to the week after a volatile month seen throughout June – driven by geopolitical events as is now commonplace – primarily escalation and de-escalation of tensions in the Middle East.Today we see new front month contracts in place. No significant changes to the underlying…

DAILY MARKET REPORT – 27/06/2025A further downward step seen in price levels during yesterdays session as the Israel-Iran ceasefire continues to hold.End of the week, and almost end of the month, position closing may take place today. Investment Funds have been increasing net long positions in recent weeks and now may…

DAILY MARKET REPORT – 26/06/2025As the ceasefire between Iran and Israel seems to hold, markets held steady yesterday.NATO leaders met yesterday in The Hague to discuss pledging a commitment to reach 5% of GDP, whilst focussing on maintaining President Trump to be a key figure at the event.Rumours circulated…

DAILY MARKET REPORT – 25/06/2025After the events of the last few days, yesterday saw plenty of risk premium rapidly removed from prices levels from the start of the session.Despite Israel claiming that an Iranian missile hit them after the ceasefire started, and intended to retaliate, markets held their nerve in…