MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Czech EU Pres-Ministers Reached Agreement On Energy Price Mitigation

EU

Comments from the Czech EU presidency hitting wires.

  • Czech EU Presidency: 'Ministers reached a political agreement on measures to mitigate high electricity prices'.
  • Czech EU Presidency: 'Deal reached on mandatory electricity demand reduction, a cap on market revenues from inframarginal electricity producers and solidarity contribution from fossil fuel producers'.
  • Inframarginal electricity producers refers to renewable, nuclear, and lignite electricity producers who sell electricity at a higher market price in spite of lower generation costs.
  • There is still the thorny issue of a gas price cap to work out, which several countries including Germany are seen as opposing. While the measures above look set for approval, the gas price cap could prove too large an issue to resolve in today's meeting.
Homepagemarkets-real-timePolitical Market NewsPolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange Bullets
Homepagemarkets-real-timePolitical Market NewsPolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.