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 UK Inflation and Labour Market Insight: April 2024 Release

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

Q1 Industry Survey Suggests H1 Growth Tailwind

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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Germany's Uniper Drawing Gas from Storage

NATURAL GAS

Germany’s Uniper has been drawing gas from its storage this week as Nord Stream 1 pipeline flows have stopped for maintenance June 11-21.

  • "Since the beginning of the week, we have been taking gas from the capacities we use ourselves," Germany’s focus magazine quoted a Uniper spokesperson as saying.
  • Uniper is in discussions for a bail out after struggling to cope with the high price gas markets without being able to fully pass on costs to end consumers.
  • Germany’s gas storage being drawn in summer is a cause for concern regarding Europe’s ability to reach 80% storage ahead of next winter to try and avert rationing, if Russia reduces or turns off gas flows.
Energy BulletsCommodities
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