MNI BOK WATCH: More Evidence Needed To Cut Rates, Says Rhee

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

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Lower At 7.1339 Thurs; -1.06% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1339 THURS VS 7.1342

MNI BRIEF: Bank of Korea Keeps Policy Rate At 3.50%

Activity data stronger-than-expected; little impact on near-term monpol

MNI: GERMANY JUNE FINAL HICP +2.5 % M/M, +0.2% Y/Y

MNI: GERMAN JUN CPI +2.2 % Y/Y

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

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

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FERC Approved Key Gas Pipeline Projects

NATURAL GAS

FERC approved two key natural gas pipeline projects last Thursday according to the regulator.

  • The regulator approved the permit for a 32-mile natural gas pipeline that would help fuel proposed gas-fired generation at the Tennessee Valley Authority’s Cumberland Fossil Plant.
  • Tennessee Gas Pipeline company filed an application with FERC for the proposed Cumberland Project in July 2022 in order to retire a nearby coal-fired power plant. Depending on permits, the firm was planning to start construction in August 2024.
  • FERC also granted the approval of a Texas-to-Louisiana project by Williams Cos., which aims to expand an existing pipeline and boost gas flow to the Gulf Coast.
Energy BulletsCommodities
Energy BulletsCommodities

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