MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC CONDUCTS CNY50 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1268 Fri; -0.32% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1268 FRI VS 7.1270

MNI: BANXICO HOLDS INTERBANK RATE STEADY AT 11.00%

MNI BRIEF: Fed's Bowman Says Policy Appears To Be Restrictive

MNI BRIEF: Japan June Tokyo Core CPI Rises 2.1% Vs. May 1.9%

Japan May Ind. Output 2.8% M/M; Shipments +3.5% M/M

MNI BRIEF:Japan May Factory Output Hits First Rise in 2 Months

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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Heavy Canadian Oil Q1 Price Rises on TMPL Decision

OIL

Heavy Western Canadian Select’s discount to WTI in Alberta for Q1 has narrowed to $18.90/b from $19.61/b, according to Bloomberg sources.

  • The price rise follows regulatory approval for the expansion of Canada’s Trans Mountain Pipeline, linking Alberta to the Pacific Coast.
  • The project is now set for completion by early 2024.
  • The Canada Energy Regular approved the company’s proposal to replace a tunnelling project along a roughly 1.3km section of the line with a cheaper but more intrusive ditch.
  • The change was contested by the local Stk’emlúpsemc te Secwépemc Nation but allows the project to avoid an up to nine-month delay.
Energy BulletsCanada Bank of Canada Market NewsCommodities
Energy BulletsCanada Bank of Canada Market NewsCommodities

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