POWER: Morning Renewable Forecast
May-24 08:30
See the latest European renewables forecast for base-load hours for the next seven days from this morning, including the day-on-day change. French renewable forecasts have been mostly unchanged, which may support power prices over the seven-day period. But wind in Germany has been revised slightly higher – albeit still low – which may weigh down prices on delivery.
- France: Wind for 25-31 May: 1.41GW (unchanged), 4.49GW (unchanged), 3.43GW (unchanged), 2.99GW (-120MW), 2.30GW (unchanged), 3.26GW (unchanged), 2.79GW (unchanged), according to Spot Renewables.
- France: Solar for 25-31 May: 3.88GW (-152MW), 3.15GW (unchanged), 2.32GW (unchanged), 3.30GW (unchanged), 3.62GW (unchanged), 3.46GW (unchanged), 3.61GW (unchanged).
- Germany: Wind for 25-31 May: 3.92GW (+251MW), 2.34GW (+162MW), 4.04GW (+373MW), 4.34GW (-524MW), 4.37GW (+414MW), 10.05GW (unchanged), 8.14GW (unchanged)
- Germany: Solar for 25-31 May: 12.44GW (+371MW), 14.13GW (unchanged), 11.44GW (unchanged), 6.12GW (-721MW), 9.99GW (+309MW), 8.07GW (-220MW), 9.91GW (-275MW).
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
US TSY FLOWS: Testing session low
Apr-24 08:24
- US Tnotes (TYM4) tests session low, a very slow gradual move for now, and limited size flow, a 2.7k was sold in FVM4.
- While the Futures contract traded as low as 107.13+ on the 16th April, with a 4.6943% high in Yield.
- Initial Key level remains at 4.70%, which today is moving up to ~107.11+, was circa 107.10 Yesterday.
GERMAN AUCTION PREVIEW: On offer next week: New Green Bobl
Apr-24 08:20
- DFA has announced it will be looking to sell E3.0bln of the new 2.10% Apr-29 Green Bobl (ISIN: DE000BU35025) at its auction next Tuesday (Apr 30).
- There will also be an increase in "own quota" purposes of the conventional 2.10% Apr-29 Bobl (with effect from 3 May - the same settlement date as the auction).
FOREX: FX OPTION EXPIRY
Apr-24 08:12
Of note:
EURUSD 2.64bn at 1.0700/1.0705.
USDJPY 1.05bn at 155.40.
EURUSD 1.62bn at 1.0640/1.0650 (thu).
USDJPY 1.51bn at 155.00 (thu).
AUDNZD 1.12bn at 1.0850 (thu).
EURUSD 2.48bn at 1.0645/1.0650 (fri).
GBPUSD ~1bn at 1.2430 (fri).
USDJPY 1.02bn at 155.00 (fri).
USDCNY 1.1bn at 7.2500 (fri).
AUDNZD 1.09bn at 1.0900 (mon).- EURUSD: 1.0600 (428mln), 1.0610 (1.06bn), 1.0650 (889mln), 1.0700 (1.99bn), 1.0705 (645mln), 1.0715 (386mln), 1.0725 (860mln).
- GBPUSD: 1.2450 (409mln).
- USDJPY: 155.40 (1.05bn).
- USDCAD: 1.3600 (515mln), 1.3650 (575mln), 1.3680 (790mln).
- USDCNY: 7.2325 (593mln), 7.2500 (431mln), 7.2530 (480mln), 7.2600 (1.08bn).
- AUDUSD 0.6450 (224mln), 0.6500 (208mln), 0.6525 (315mln).
