European gas prices biased higher beyond the current winter
The move in the TTF curve beyond the historic range (Oct-22 is currently trading at €46/MWh compared to €29/MWh one week ago ) is justified in our view given the structural factors embedded in the market and uncertainty regarding Russia’s export strategy in 2022.
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Natixis
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.