POWER: Rabobank Forecasts German Power Prices to Average €90/MWh in 2025

Jan-30 11:33

German power base-load prices are forecast to average €90/MWh this year, a Rabobank analyst said in a note, cited by FXStreet. 

  • Spanish base-load power prices are seen to average €66/MWh this year.
  • "The current high-price environment for power markets will ease once wind levels return and solar starts to make up a higher share of the power generation mix. Yet higher forecast gas prices for this year also lift our outlook for power markets”, the bank said. 

Historical bullets

EUR: FX Exchange traded Option

Dec-31 11:27

FX Exchange traded Option, looks like a new short term play, expiry Friday.

Thursday's Mfg PMIs are final reading, and US ISM Mfg on Friday is the only Data of real note.

  • EURUSD (3rd Jan) 1.0575c, bought for 0.00030 in 1k.

EURIBOR OPTIONS: Put ladder buyer

Dec-31 11:16

ERZ5 98.00/97.75/97.50p ladder, bought for flat in 1k.

US: SOFR FIX - 31/12/24

Dec-31 11:01

SOFR FIX - Source BBG/CME

  • 1M 4.33249 -0.00455
  • 3M 4.30510 -0.00534
  • 6M 4.25001 -0.01229
  • 12M 4.17500 -0.03184