RENEWABLES: Exus Eyes 130MW Cibele Solar Farm in Portugal

Jan-08 12:25

 Exus Renewables has acquired the 130MW Cibele solar farm in Portugal from Lightsource bp, with construction set to begin soon and operations in 2026, Exus said.

  • Additionally, Exus is developing 200MW of wind and solar assets in Portugal and currently manages over 6GW of renewable energy projects across Europe.
  • Under Portugal’s renewable energy strategy, the country is aiming for 20GW capacity by 2030.

Historical bullets

EQUITIES: Large EU Bank Block trade

Dec-09 12:24

Large EU Bank Block trade, suggest seller, not spread related.

  • CAZ4 15k at 146.90.

OUTLOOK: Price Signal Summary - Bull Cycle In Bunds Remains Intact

Dec-09 12:21
  • In the FI space, a bull cycle in Bund futures remains in play and the latest move lower is considered corrective. A move down is allowing an overbought trend condition to unwind. For bulls, price has recently traded through 136.37, the 76.4% retracement of the Oct 1 - Nov 6 bear leg. A clear break of this level strengthens a bullish theme and opens 137.72, the Oct 1 high. Initial firm support lies at 135.35, the 20-day EMA.
  • A bullish corrective cycle in Gilt futures remains in play and recent gains reinforce the current short-term condition. Sights are on 96.67 next, a 2.500 projection of the Nov 18 - 19 - 20 price swing. On the downside, a stronger reversal lower would refocus attention on the initial key support at 93.40, the Nov 18 low. A breach of this support would be a bearish development and highlight a reversal. First support lies at 95.49, the Dec 4 low, followed by 95.17, the Nov 28 low.

EURIBOR OPTIONS: Call fly buyer

Dec-09 12:20

ERG5 98.00/98.12/98.25c fly, bought for 1 in 4k.