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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
MNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
Jet Market Recovering While Europe’s Diesel Demand Remains Poor: Sparta
The global jet fuel market has shown signs of recovery, but demand for diesel remains weak in several regions, Sparta Commodities analyst James Noel-Beswick said in a note cited by Bloomberg.
- The recovery in the jet fuel market is reflected in improving differentials and spreads, with the market no longer looking oversupplied.
- However, all diesel arbitrage windows into Europe remain closed except for those from the Red Sea and Canada’s East Coast, indicating a likely fall in Europe’s stockpiles.
- Nonetheless, European diesel demand remains poor.
- Singapore diesel spreads and cracks have declined in recent weeks, although stabilising in recent days amid ongoing refinery turnarounds in APAC.
- US diesel demand also faces challenges amid economic softness and biofuel substitution, Sparta said.
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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.