MNI BRIEF: BOJ's FY26 Inflation View Flat; Upside Risk To FY24, 25 Prices

BOJ SEES BIGGER UPSIDE RISKS TO PRICES IN FY2024, 2025

BOJ SEES FY24 REAL GDP +0.6% VS. APR +0.8%

MNI: PBOC Net Injects CNY185.57 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1346 Weds; -1.39% Y/Y

MNI BRIEF: China July PMI Contracts For Third Straight Month

MNI: FRANCE FLASH JULY HICP +2.6% Y/Y, +0.2% M/M

MNI: FRANCE JUN PPI -0.3% M/M, -6% Y/Y

MNI: GERMANY JUNE EXPORT PRICES +0.6% Y/Y, +0.3% M/M

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

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

Europe to Remain Well Supplied with US LNG: Hochstein

LNG

Europe will be well supplied with US LNG despite the project pause according to US Secretary of State for Energy Resources Amos Hochstein speaking with Alarabiya News over the weekend.

  • “It doesn’t affect any of the plans that have been financed, approved and under construction.” Hochstein said.
  • “Today, the US is the largest exporter in the world, by 2028 we will double that capacity, that’s all going to continue to happen, Europe will be well supplied.” Hochstein added.
  • “The only thing that has been paused, is beyond the doubling of our capacity.” Hochstein said.
  • Hochstein said that the US needs to take a pause to think about whether demand will be there for higher exports beyond doubled capacity as well as understanding the environmental and economic implications of the projects.
  • Hochstein also flagged that there is the ability to reverse the pause on LNG projects if energy is weaponized or there are any energy security issues.
  • “The timeline is going to be somewhere in the 10-14 month [range]” to decide on the pause.
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.