Free Trial

Trafigura Expects China to Beat 5% Growth Target

OIL

Russian oil continues to flow amid G-7 price cap and “that’s a good thing” according to Trafigura’s CEO Jeremy Weir.

  • China is already exerting a “pull” on some commodities and appears set to surpass the economic growth target of 5% announced at the weekend he said.
  • Still, high interest rates could “flatten out” strong commodity demand growth if they “start to bite,” he added.

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.