MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

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CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

MNI: US MAR PERSONAL INCOME +0.5%; NOM PCE +0.8%

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 To Face Gas Shortage Risk Until 26/27 Winter: INES

NATURAL GAS

Germany will continue to face a risk of severe gas shortages until the 2026/2027 winter period unless it adds more natural gas infrastructure to avoid potential strains from cold weather according to gas storage operator INES.

  • Germany would need additional LNG terminals, storage capacity or pipeline connections to ensure sufficient supply sooner, INES said.
  • “The danger of gas shortages during cold temperatures remains and will continue to accompany us until winter of 2026/2027 unless further infrastructure measures are taken,” said INES’s head Sebastian Bleschke.
  • If very cold temperatures were to hit Germany during the upcoming winter, storages could already be depleted by the end of next January, INES said.
  • Germany is planning to install a total of six FSRUs this year. Three terminals are already operational.
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