MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

RBA SAYS SOME UPSIDE INFLATION RISKS HAVE EASED.

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

MNI: RBA LEAVES CASH RATE AT 4.35%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium Auction on Tuesday

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

EU Gas Cap Discussions "Polarised": Kadri Simson

NATURAL GAS

European discussions on a natural gas price cap are taking place in the background as markets focus on the blocs efforts to try and agree a separate cap on Russian oil.

  • EU ministers remain polarised on their views towards a gas cap according to EU energy commissioner Kadri Simson today. The most recent proposed levels have been criticised as being far too high to ever be implemented.
  • It is not meant to be an instrument to “structurally lower our gas prices to pre-war levels,” Simson said.
  • Simson added that a 14-day trigger could be an “extremely long” period for high prices to eventually activate the cap.
  • European energy ministers are set to meet in the middle of December to try and push the gas cap through, though doubts remain on whether this can be achieved. Other emergency EU measures are being blocked while the gas cap topic remains unresolved.
Energy BulletsCommodities
Energy BulletsCommodities

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.