CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Novak Comments on Turkey Gas Purchases in Rubles

NATURAL GAS

Comments from Russia’s Novak late last week on plans for Turkey to pay for gas in rubles:

  • "The presidents [Putin and Erdogan] have agreed that we are beginning partial gas supplies and payments for them in rubles,"
  • "We are gradually switching to payments in national currencies, and part of the shipments will be paid for in Russian rubles now. This is a new stage indeed, which opens up new opportunities, including for the development of our monetary and financial relations,"
  • "Our commercial companies and our citizens should have an opportunity to pay [in national currencies] during their tourist trips and in the process of trade turnover,"
  • "the presidents discussed the financial-banking block, on which major agreements have been reached - in fact, we were working today on achieving the goal set by the presidents to bring our trade turnover to $100 billion and to simplify the procedures that enable our businesses to communicate,"
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

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.