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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Ongoing Russian Supply Reduction Supports TTF
European benchmark TTF gas trading higher this morning with ongoing concerns for Russian supply.
- TTF SEP 22 up 4.2% at 198.9€/MWh
- TTF WIN 22 up 4.2% at 195.09€/MWh
- TTF SUM 23 up 2.6% at 145.08€/MWh
- Over the weekend Gazprom halted supplies to Latvia saying the country had ‘violated to conditions’ of their contract. Customers from Poland, Bulgaria, Finland, Denmark and Netherlands have already been cut off for refusing to pay for Russia gas in rubles. Latvian operator Latvijas Gaze said it would continue buying Russian gas through an intermediary.
- Russia supply through Nord Stream is again nominated at just 20% of capacity at 31.8mcm/d while flows through Ukraine are 41.7mcm/d.
- Norwegian supply remains steady at 333.2mcm/d and strong LNG imports are helping maintain storage injections. Storage is up to 68.89% full with Germany at 68.55%, Italy at 72.56%, France at 78.76% and Netherlands at 65.37%.
To read the full story
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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.