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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 AccessChicago Business Barometer™ - Eased To 40.2 In November
Chicago Business Barometer™ - Eased To 40.2 In November
MNI POLITICAL RISK - GOP Facing One Seat Majority In House
OIL: China's Refiners to Raise Rates to 69.4% in July: OilChem
State and independent oil refiners in China may increase crude processing rates to 69.4% of capacity in July, according to OilChem cited by Bloomberg.
- State refiners are expected to boost rates by 1.2% m/m, while run rates at independent refiners could increase by 1.6% m/m.
- Daily gasoline consumption in July is likely to rise by 4.6% m/m to the highest level this year at 465k tons.
- Refiners could raise gasoline yields to the highest this year at 24%, ahead of the expected recovery in demand.
- An increase in summer travel is expected to boost consumption along with a rise in air-conditioning use in cars due to hot weather.
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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.