MNI: PBOC Net Injects CNY47 Bln Via OMO Thurs; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1285 Thurs; -1.29% Y/Y

MNI BRIEF: Aussie Employment Grows Stronger Than Expected

CHINA PBOC CONDUCTS CNY49 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1285 THU VS 7.1318

MNI BRIEF: China Equip't Renewal Policy Includes Foreign Firms

Japan Jun Exports +5.4% Y/Y; Imports +3.2% Y/Y

MNI:AUSTRALIA JUN UNEMPLOYMENT RATE +4.1%

MNI BRIEF: Japan Corp Loan Demand Rises - BOJ Survey

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

Oil staged a recovery yesterday amid reports....>

OIL
OIL: Oil staged a recovery yesterday amid reports that President Trump may try
to broker a deal between Saudi Arabia and Russia to reduce production by 10% and
promise that the US shale industry would pare back production at the same time.
Trump is reported as saying that he would take action and act the "appropriate
time". However, other reports have suggested that President Putin is unwilling
to back down in the face of what he sees as Saudi "blackmail".
- Brent and WTI both continue to move higher this morning. Brent futures hit a
low of $24.52/bbl on Wednesday but at writing trade almost $5 higher at $30.44.
The recovery in WTI has been even more pronounced. We hit a low of $20.06/bbl on
Wednesday and now trade more than $7 higher at $27.20.
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.