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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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Free AccessNord Stream 1 Restricted Further, to Run at 20% Capacity From Today
- Confirming speculation seen yesterday, Gazprom are to halt another Nord Stream turbine at its Portovaya compressor station – limiting flow further (to 33mln cubic metres per day) into mainland Europe. Markets and politicians continue to speculate that the Kremlin are using turbines as leverage over the European Union, pressing back against sanctions pressure from the West.
- Russian financial markets continue to gradually open up, with Kommersant this morning confirming that non-resident firms with Russian beneficiaries will be able to trade on the Moscow Exchange.
- Concerns linger over the prospects for the Ukrainian grain export corridor after strikes on Odessa this weekend, but a spokesman for Turkey’s Erdogan has claimed that exports could start within a week, and exports are seen totaling 25mln tonnes by the end of this year.
- Data due later today includes Russian industrial production, retail sales, unemployment rate data and the weekly CPI release.
To read the full story
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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.