MNI China Daily Summary: Wednesday, July 3

MNI BRIEF:BOJ Q1 Output Gap Hits 16th Negative Reading In Row

MNI: PBOC Sets Yuan Parity Higher At 7.1312 Weds; -0.34% Y/Y

MNI: PBOC Net Drains CNY248 Bln Via OMO Weds; Rates Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1312 WEDS VS 7.1291

EZ/UK Bond Supply Calendar: Spain, France Auction on Thursday

PPI a Tenth Softer than Exp; Further NEIG HICP Disinflation to Come?

MNI: EUROZONE MAY PPI -0.2% M/M, -4.2% Y/Y

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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Qatar Sign 15 Year Deal with Excelerate to Supply LNG to Bangladesh

LNG

QatarEnergy has signed a deal with Excelerate Energy Inc to supply LNG to Bangladesh for 15 years according to Bloomberg.

  • The agreement is for 850k tons per year of LNG from 2026, increasing to 1m tons a year from 2028, according to a statement.
  • Excelerate has a 15-year deal to supply LNG to state-run Bangladesh Oil, Gas and Mineral Corp.
  • This is the latest deal from Qatar following supply deals with Shell Plc, TotalEnergies SE, Eni SpA and China’s Sinopec.
  • Qatar is planning to boost LNG capacity by 64% to 126m tons a year by 2027 but is still to find buyers for more than half of the new capacity according to Bloomberg.
Energy BulletsCommodities
Energy BulletsCommodities

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