POWER: The UK's NESO Cancel's issued Capacity Market Notice
Jan-08 17:04
The UK's National Energy System Operator has cancelled a previously issued Capacity Market Notice, initially set to take effect at 4:30 PM on January 8, 2025, citing improved system conditions.
- The notice, initially scheduled from 4:30 PM on Wednesday, 8 January 2025, is no longer in effect as of the same time.
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OPTIONS: Larger FX Option Pipeline
Dec-09 17:04
- EUR/USD: Dec11 $1.0490-00(E2.2bln), $1.0550-65(E1.2bln), $1.0660-80(E2.2bln); Dec12 $1.0550(E1.3bln), $1.0575-83(E1.4bln), $1.0600(E1.2bln); Dec13 $1.0500(E2.7bln), $1.0535-50(E1.3bln), $1.0700(E3.7bln)
- USD/JPY: Dec11 Y148.75($1.1bln)
- GBP/USD: Dec11 $1.2725-45(Gbp1.0bln)
- AUD/USD: Dec12 $0.6450(A$1.1bln), $0.6485-00(A$1.5bln), $0.6660(A$1.8bln)
- NZD/USD: Dec12 $0.6060(N$1.3bln)
- USD/CAD: Dec12 C$1.4100-15($1.0bln), C$1.4230($1.2bln)
Politics Week: Trudeau Grapples With Trump Tariffs And Fiscal Update
Dec-09 16:55
- PM Justin Trudeau continues to see if he can convince Donald Trump to water down or cancel a 25% tariff, while struggling to win a unified position from provincial and opposition leaders on how to proceed.
- Conservatives poised to bring non-confidence motions this week against Trudeau's Liberals, asking the NDP to agree to a statement that reflects its past criticism of the government. Motions are unlikely to pass because NDP says it won't play Conservative political "games."
- Finance Minister Freeland will present a fiscal update sometime this month, as budget office says CAD40b deficit anchor is being broken.
- Liberals have been unable to advance most legislation for weeks as Pierre Poilievre’s Conservatives use what the government calls a filibuster around documents it’s been asked to turn over.
- Polling aggregator 338Canada shows Conservatives likely to win majority government if election were held now.
- Sample headlines: A Trudeau government trademark: Act now, mop up later (Globe and Mail); Justin Trudeau’s ‘carbon tax’ is ‘wrong,’ Ontario Liberal Leader Bonnie Crombie says (Toronto Star); Chrystia Freeland answered Senate questions on the GST break. It did not go well (Globe).
CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16
Dec-09 16:54
- CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16
