-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Global Macro Weekly -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: PBOC Net Injects CNY25.7 Bln via OMO Thursday
MNI: PBOC Net Drains CNY195.3 Bln via OMO Wednesday
MNI ASIA OPEN: Late Rate & Stock Rally, 5Y Sale Well Received
Oil Products End of Day Summary: Gasoline Cracks Fall
Gasoline cracks have been falling on the day amid a strong build in gasoline stocks. Four-week US distillates and gasoline demand both fell again this week to add downward pressure to crude and crack spreads. Distillates consumption is once again below the seasonal five-year range and following the drop in demand seen this time last year.
- US gasoline crack down -0.8$/bbl at 15.8$/bbl
- US ULSD crack up 0.4$/bbl at 38.83$/bbl
- EIA Weekly US Petroleum Summary - w/w change week ending Dec 01: Gasoline stocks +5,420 vs Exp +1,187, Implied mogas demand +260, Distillate stocks +1,267 vs Exp +1,069, Implied dist demand +742, Tot product stocks +2,920
- China’s refined oil production is forecast to fall in 2024 compared to 2023 levels, according to OilChem, amid heavier refinery maintenance and scarce feedstocks for Teapots.
- TotalEnergies plans a partial halt of its 277,000 bpd German Leuna refinery in Autumn 2024 according to a Bloomberg source.
- Global implied jet fuel demand is set for a weekly gain of 1% to 6.0m b/d in the week to Dec. 11, according to BNEF.
- US implied jet fuel demand is expected to be 1.545m b/d in the week to Dec. 11, up 0.3% on the week, according to BNEF.
- Initial OPIS survey figures on actual gasoline volumes pumped last week suggest an implied demand number just above 8mn bpd.
- The prompt ICE gasoil spread has widened to its deepest backwardation since Nov.9, according to Bloomberg, showing some strength on the prompt.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.