See the latest French renewables forecast for base-load hours for the next seven days from this afternoon, including the midday change. In contrast to Germany, French wind will be at only a 11% load factor on 6 September (Fri) – likely raising prices from the previous day and widening the FR-DE spread.
French: Wind for 3-10 September:
French: Solar for 3-10 September:
10 September: 4.11GW
Find more articles and bullets on these widgets:
Trend conditions in USDCAD remain bullish and Thursday’s gains reinforce this condition. Recent gains resulted in a break of 1.3792, the Jun 11 high, and more recently, a print above key resistance at 1.3846, the Apr 16 high. The trend condition is overbought, however, the break of 1.3846 strengthens the bull theme and opens 1.3899, the Nov 1 ‘23 high and a key resistance. Firm support lies at 1.3718, the 50-day EMA.
Another Fed rate call change, this one by Nomura - who are still a little more conservative on the pace and magnitude cuts than some others in the wake of the July employment report. They now see: