MNI BRIEF: Japan June Services PPI Rises 3.0% Vs. May's 2.7%

BOC SAYS DOESN'T NEED TO ALTER PATH OF QT RIGHT NOW

this is a test, please ignore

MNI China Daily Summary: Wednesday, July 24

MNI: PBOC Net Drains CNY203.9 Bln Via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1358 Weds; -0.98% Y/Y

MNI: JAPAN JUNE SERVICES PPI +3.0% Y/Y; MAY REV +2.7%

US Treasury Auction Calendar

EZ/UK Bond Supply Calendar: BTP Short Term and BTPeis on Thursday

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

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Gazprom Neft Sees No Need to Lift Russia’s Gasoline Export Ban

OIL PRODUCTS

Gazprom Neft believes that there is currently no need to lift the ban on gasoline exports, its CEO Alexander Dyukov said, cited by TASS.

  • "The country’s fuel market is saturated; I don’t see a shortage. But there is no need to lift the ban on gasoline exports. Moreover, we practically do not export gasoline anyway," he said.
  • Dyukov added that gasoline produced in Russia is supplied primarily to the domestic market and under intergovernmental agreements often to countries of central Asia.
  • The current gasoline ban is in force between March 1-Aug. 31. A similar measure was taken between Sep. 27-Nov. 17.
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