Quarterly Outlook
Upending the global order at blinding speed
John J. Hardy
Global Head of Macro Strategy
Head of Commodity Strategy
Summary: European power prices and the cost of carbon emissions have been pushed sharply lower by a blend of mild weather, abundant gas supply and a weaker economic growth outlook. But a project to create a properly-functioning EU emissions trading market is continuing apace.
The SaxoTrader platform offers access to Dutch and German power as well as Dutch gas and the emissions contract.