MNI China Daily Summary: Thursday, April 18

MNI BRIEF: M2 Growth To Slow On Weak Demand - PBOC's Zou

MNI BRIEF: PBOC To Watch CNY Moves Closely - Vice Governor Zhu

MNI BRIEF: China Aims To Digitalise 70% Of Firms By 2025

MNI BRIEF: Q1 Cross Border Activity Up 117.8% - Ministry

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

MNI: EUROZONE FEB CONSTRUCTION OUTPUT +1.8% M/M, -0.4% Y/Y

Q1 Industry Survey Suggests H1 Growth Tailwind

Indonesian Sov Curve Flattens, Barclays See BI Cutting Next Week

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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Gas Cap Pushes Back Other EU Energy Discussions

NATURAL GAS

A struggle to agree upon an EU gas price cap has pushed discussions on other emergency energy measures to a later date – likely December 13.

  • EU diplomats were trying to reach an agreement on a package that includes strengthening a mechanism for joint gas purchases, limiting intraday price volatility, and enabling faster permitting for renewable energy projects.
  • On top of the gas price cap struggles – the EU is also wrestling to try and get an agreement together as part of G7 commitments to cap Russian oil prices from December 5. The current touted range of $65-70/bbl is being blasted as too week and unlikely to make any dent in Kremlin revenues.
Energy BulletsCommodities
Energy BulletsCommodities

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