MNI China Daily Summary: Thursday, April 22

MNI BRIEF: China To Quicken Resolving Local Debt Risks

RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1043 Mon; -4.74% Y/Y

NBH Data Watch

INDON Sov Curve Flatter, Trade Surplus Soars, BI Decision Wednesday

MNI: BAKER HUGHES US RIG COUNT 619; OIL RIGS 511; GAS RIGS 106

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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Estonia Would Veto $60-70/bl Oil Price Cap

OIL

Estonia is ready to use its veto right for the European Union’s price cap for Russian oil exports at $60-70/bl, as it will leave Russia with too much income, Estonian Foreign Minister Urmas Reinsalu said

  • "In Estonia's opinion, this price horizon is not ambitious enough, also considering that the European Union has not reached a consensus on the ninth package of sanctions. This oil price level seems too high", he said.
  • The EU oil price cap on Russian oil exports demand a unanimous vote.
Energy BulletsCommodities
Energy BulletsCommodities

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