-
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
Commodities
Real-time insight of oil & gas markets
-
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 Chart Packs -
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 AccessBRIEF: ECB's Panetta-Time To Start Thinking Of NGEU Successor
MNI China Daily Summary: Wednesday, Aug 21
Oil Products Summary at European Close: Cracks Gain Ground
Diesel and gasoline crack spreads are gaining further ground today last week’s rise. Cracks are boosted by wider market support from shipping risks in the Red Sea. Uncertainty over future demand continues to put pressure on prices; falling US pump prices and hopes of US Fed cuts in 2024 could boost consumption.
- US gasoline crack up 0.4$/bbl at 18.33$/bbl
- US ULSD crack up 1.3$/bbl at 39.8$/bbl
- European gasoline export flows could change in 2024, as traders seek new outlets for the region’s growing oversupply, according to Argus.
- European gasoline arrivals in the US climbed to 195kbpd in the seven days to 14 December, up from 119kbpd in the week prior, according to bills of lading and ship-tracking data compiled by Bloomberg.
- US Gasoline demand is estimated at 8.5326mbpd in the week starting 10 December, up by 1.95% from the week prior and 1.3% above the four-week average according to GasBuddy via X.
- Chinese diesel exports last month fell by 44.9% on the year to 1.16mn tons, but up from 1.11mn tons in October, data from the General Administration of Customs showed, cited by Reuters.
- Global passenger capacity is set to rise 2.3% to 107.1m seats in the week commencing Dec. 18, according to OAG data.
- Weak demand from gasoline blending and chemicals production are expected to drive weaker naphtha margins toward the end of December according to Kpler last week.
- Core clean product demand is projected to rise by approximately 1.1mbpd in 2024 according to Kpler.
- The 40kbpd ACU-2 CDU at TotalEnergies’ 238kbpd Port Arthur refinery remains shut three weeks after the end of the planned maintenance at the refinery, people familiar with the operations told Reuters.
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.