NYMEX:TTF1!   Dutch TTF Natural Gas Calendar Month Futures
I was whining a lot about european power prices especially natgas. Well, thanks to the invisible hand of the free market the price for dutch natural gas collapsed dramatically over the last days and dragged baseload prices lower (red line german baseload February future) as well, as a big junk of electricity generation depends on natural gas plants.

To put this in perspective though: Prices are still up 340 percent since the beginning of the year and the known issues regarding Nord Stream 2, the chaotic energy transition in Germany/Europe and geopolitical tensions remain.

Lagarde's sleep patterns should still be significantly improving.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.