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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.
POWER
Investment funds net short positions in ICE German power futures turned the most bullish since the week of 15 September 2023, according to the COT data for the week of 31 May. This could lead to price increases of German power forward contracts in the short-term.
- Investment Funds net position rose sharply by 664,997 to -311,569.
- Investment Firms net position increased by 255,880 to +673,223.
- Commercial Undertaking net position declined by 909,046 to 4.329mn.
- Germany Base Pwr JUL 24 up 1.7% at 77.85 EUR/MWh.
- TTF Gas JUL 24 up 1.5% at 34.315 EUR/MWh.
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.
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