MNI China Daily Summary: Thursday, July 25

MNI BRIEF: Japan Govt Keeps Econ View, Cuts Exports

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1321 THURS VS 7.1358

CBI Price Expectations for Three Months Ahead Lowest Since December 2020

MNI: UK JUL CBI INDUSTRIAL TRENDS TOTAL ORDERS -32

Broad-Based IFO Weakness Reinforces Narrative of Recovery Stall

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

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Guyana Cargo Traded on Platts MOC for First Time

OIL

Guyana crude cargo traded for the first time in Platts MOC on Friday since assessments began in 2021.

  • Totsa marked interest in a 1-million-barrel cargo of Liza crude offered by ExxonMobil at a discount of $1.60/b to Dated Brent.
  • The cargo is set to load March 18-19 from the Liza Unity FPSO offshore Guyana.
  • Platts assessed Liza at minus $1.60/bbl to the 30-60 day forward Dated Brent strip, at the traded level, a 60 cents/bbl decline on the day. Payara Gold was also assessed lower by 60 cents/bbl to minus $1.60/bbl, with Unity Gold assessed at minus $1.45/bbl.
Energy BulletsCommodities
Energy BulletsCommodities

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