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

MNI BRIEF: China’s April Loan Prime Rate Unchanged

CHINA SETS YUAN CENTRAL PARITY AT 7.1043 MON VS 7.1046

MNI China Daily Summary: Friday, April 19

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

EZ/UK Bond Supply Calendar: EU, UK Synd W/C 22 Apr, BoE APF Mon

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EU Seek Friday Deal on Russian Oil Products Price Cap

RUSSIA
  • EU countries will seek a deal on Friday on a European Commission proposal to set price caps on Russian oil products, after postponing a decision on Wednesday amid divisions between member states, diplomats said according to Reuters.
  • Speaking in a TV interview, Russian Foreign Minister Lavrov stated that the “West lies about Russia’s refusal to negotiate on Ukraine… we all want the Ukraine conflict to end.” He also alleged that the “United States directly participated in explosions of the Nord Stream gas pipelines”.
  • Russian banks have raised interest rates on deposits in Chinese yuan up to 3%, Kommersant report. The maximum offered rate in November 2022 was 2%. However, some analysts say the increase in rates on deposits in yuan is unlikely to become a long-term trend as the demand for such accounts is so-far limited to wealthy customers.
  • President Putin will visit Volgograd for the 80th anniversary of the WWII victory at Stalingrad, where the Kremlin say he will deliver a speech. The Bank of Russia will report weekly changes in its gold and FX reserves at 1300 GMT/1600 local time (Prior: $595b).
USEM BulletHomepagePolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsBulletEmerging Market News

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.