RENEWABLES: German Wind Output Forecast Comparison

Jun-06 14:43

See the latest German wind output forecast for base-load hours from SpotRenewables vs Bloomberg’s ECMWF model for the next seven days as of Friday afternoon.

  • Both models have similar wind forecasts on 7 June, with the smallest deviations on that day at 0.28GW.
  • The largest deviation is seen on 11 June, with ECMWF predicting stronger wind than SpotRenewables, however, the trend is the same. The deviation on that day is 11.08GW. 
  • Despite these differences, both models indicate wind to be on a general downward trend from 8 June. 
     

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Historical bullets

BTP: The Italian 10yr Yield is set to test the April low

May-07 14:37
  • The Italian BTP is now testing that April high of 120.57, so far printed a 120.55 high.
  • Worth noting that Technical also sees the next resistance at 120.65 1.382 proj of the Mar 14 - Apr 4 - 9 price swing.
  • While in Yield the 3.537% April low also equates near that level at 120.68, an interesting area here.

(Chart source: MNI/Bloomberg).

GBTPGR10 Index (Italy Generic Go 2025-05-07 15-33-52

 

MNI EXCLUSIVE: MNI Speaks to Evan Koenig on Economic Outlook

May-07 14:35
  • MNI speaks to Evan Koenig, former senior aide to the president of the Dallas Fed, on the economic outlook -- On MNI Policy MainWire now, for more details please contact sales@marketnews.com

US TSY FUTURES: BLOCK: Jun'25

May-07 14:33

Block 2s10s steepener crossed at 1025:00ET, DV01 $ 320,000

  • +8,500 TUM5 103-22.62, post time bid vs.
  • --5,000 TYM5 111-12, sell through 111-12.5 post time bid