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

MNI: UK BOE JUN MORTGAGE APPROVALS 59,976

MNI: UK JUN M4 MONEY SUPPLY +0.5% M/M, +1% Y/Y

Riksbank Shouldn’t Place Too Much Weight On The Q2 GDP Indicator

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Russia Reserves More Gasoline for Domestic Market in January

OIL PRODUCTS

Russian gasoline production dropped 2% in January y/y to 3.49mn metric tons according to Kommersant citing refinery outages as the driver.

  • Kommersant said 3.047 million tons of that volume were supplied to the domestic market, up 6.5% from the year-earlier period.
  • Gasoline exports were reduced last month by 31.5% in annualised terms to 442,300 tons.
  • The Russian Energy Ministry said on Wednesday that gasoline and diesel exports were reduced in January by 37% and 23% respectively from the same month in 2023.
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