MNI China Daily Summary: Thursday, April 22

MNI BRIEF: China To Quicken Resolving Local Debt Risks

RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1043 Mon; -4.74% Y/Y

MNI: CANADA MAR INDUSTRIAL PRICES +0.8% MOM; EX-ENERGY +0.8%

NBH Data Watch

INDON Sov Curve Flatter, Trade Surplus Soars, BI Decision Wednesday

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

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

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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TTF Opens Lower on Easing Winter Supply Risks

NATURAL GAS

TTF front month falls after a relatively stable week with warm temperatures in Europe easing concerns for supply disruption and EU energy rationing this winter.

    • TTF DEC 22 down -5.5% at 107.25€/MWh
  • The two week weather forecast for NE Europe is relatively unchanged from yesterday with above normal temperatures expected until about Nov 17 with the chance of cooling back towards normal beyond.
  • Planned and unplanned works at Oseberg continue to restrict capacity keeping Norwegian supplies down at 314.4mcm/d while gas flows through Ukraine remain unchanged at 42.2mcm/d.
  • The warm weather is helping maintain gas in store with Europe total levels still up at 95.35% on Nov 9 while LNG supplies into Europe are this week up at around 425mcm/d.
Energy BulletsCommodities
Energy BulletsCommodities

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