-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Global Macro Weekly -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessGermany July Rebounds
German July power base load is rebounding today amid gains in the wider energy complex but remains within yesterday’s range. German front-week base load is trading higher today amid a downward revision in wind forecasts.
- France Base Power JUL 24 up 3.4% at 54 EUR/MWh
- Germany Base Power JUL 24 up 1.3% at 72.2 EUR/MWh
- EUA DEC 24 unchanged at 66.93 EUR/MT
- TTF Gas JUL 24 up 0.3% at 33.935 EUR/MWh
- Rotterdam Coal JUL 24 down 3% at 103.65 USD/MT
- TTF front month is holding within a €2/MWh range seen since mid June with prices edging higher to the day to reverse some of the decline seen yesterday. Healthy storage levels and a cooling weather forecast are set against supply risks amid LNG competition from Asia and Russia supply concern.
- EU ETS Dec 24 is edging higher today with the rebound in natural gas prices. The next EU EUA auction will clear today 11:00am CET.
- The latest 6-10 day ECMWF weather forecast for NW Europe suggested temperatures to steadily ease back and to fall below the seasonal normal briefly on 1-4 July before rising back up.
- In Germany, forecasts for wind output have been revised down for next week. Combined onshore and offshore wind is forecast at 2.7GW-18.6GW during base load between 28 June and 4 July. Solar PV output is forecast at 16.14GW-31.39GW during peak load between 28 June and 6 July according to SpotRenewables.
- Power demand in Germany is forecast at a maximum of 63.02GW on Thursday and ease back to a maximum of 62.53GW on Friday.
- In France, nuclear availability was stable on the day at 70% as of Thursday morning, RTE data showed, cited by Bloomberg.
- The unplanned outage at the 1.5GW Chooz 2 reactor has been extended by one day until Friday evening. Planned works at the 1.31GW Nogent 1 reactor are scheduled to start on Friday until 8 July.
- French power demand is forecast at a maximum of 50.62GW on Thursday and rise to maximum of 51.04GW on Friday according to Entso-E.
- The latest 6-10 day ECMWF weather forecast for Paris suggested temperatures have been revised lower at the start of the forecast. Mean temperatures are forecast to fall below the seasonal norm between 2-4 July, before rising back up.
- In France, forecasts suggested wind output at 2.36GW-5.9GW during base load between 28 June and 6 July. Solar PV output is forecast at 5.2GW-8.8GW during peak load between 28 June and 6 July according to SpotRenewables.
- The IFA Mandarins-Sellindge 1 interconnector between France and the United Kingdom reported an unplanned outage for two days until 27 June 22:59CET. Interconnector capacity will be reduced by 500MW for the remainder of the duration.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.