MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Banks Place Record Amounts in Central Bank Deposits

RUSSIA
  • Speaking this morning, Russian Deputy Prime Minister Alexander Novak said that Russian oil products remain in demand in Europe, Tass reports. Russia will monitor how the situation develops in March. Novak added that the oil industry will work steadily despite the EU embargo on oil products, which came into force Feb 5.
  • Kommersant report that banks placed record amounts on central bank deposits, and that the weekly deposit auction exceeded RUB5trln for the first time on Feb 7. However, analysts are confident that the current liquidity surplus will be short-term, and in March bank deposits to the central bank will return to more familiar levels.
  • Five global nuclear powers (US, UK, Russia, China and France) held a 2-day working meeting in Dubai, Kommersant reports citing unidentified officials. The sides were represented by delegations from foreign ministries, though no details were provided on what was discussed. The last conference of the nuclear P5 was held in December 2021.
  • A slew of macro data is on the docket today, including weekly CPI data, retail sales data (Exp: -8.7% y/y), real wage data and unemployment figures (Exp: 3.8%). All data will be released at 1600 GMT/1900 local time.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

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.