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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
JET FUEL
Global passenger jet fuel demand is set to rise for the first time in four weeks, supported by a rising appetite from Asia, according to BNEF.
- Global implied passenger jet fuel demand is set to rise by 0.4% on the week to 6m b/d in the week to Feb. 5.
- Asia’s demand is forecast to increase by 2.3% on the week. The only other region set for a week-on-week rise is the MENA region.
- Domestic flights in China alone are set to grow by 10% over the next four weeks, based on current schedules. However, these are subject to last minute change.
- China’s aviation regulator said that the Chinese New Year holiday from Feb. 10-17 will boost the number of trips to 10% above pre-pandemic 2019 levels.
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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