MNI China Daily Summary: Monday, July 29

MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

CBI Retail Sales Fell Faster Than Expected For The Second Month

MNI: UK CBI JUL DIST TRADE REPORTED SALES -43

MNI: UK BOE JUN MORTGAGE APPROVALS 59,976

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

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ONGC Applies for Sakhalin-1 Stake

OIL

India’s ONGC has applied to the new Russian operator of Sakhalin-1 to renew its stake in the project according to Reuters sources.

  • The Japanese consortium, SODECO, agreed to renew its stake last week.
  • ExxonMobil, the previous operator of the project has walked away from the operation causing production to collapse this year. It was producing 220,000 bpd of oil before the invasion. Production is understood to be recovering under the new Russian operator.
Energy BulletsCommodities
Energy BulletsCommodities

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