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 CBI JUL DIST TRADE REPORTED SALES -43

MNI: UK BOE JUN MORTGAGE APPROVALS 59,976

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

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

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

UAE Pres Adviser-We Want To Rebuild Bridges w/Iran

MIDEAST

Comments hitting wires attributed to an advisor to the UAE President, Sheikh Mohammed bin Zayed Al Nahyan.

  • Diplomatic Adviser to UAE President: '[The] idea of a confrontational approach to Iran is not something the UAE buys into.'
  • 'The UAE is not open to creating an axis against any country in the region, especially Iran...[we are] open to anything that protects the UAE but doesn't target a third country'.
  • Says that the 'UAE is in the process of sending an ambassador to Tehran...[the UAE] wants to rebuild bridges with Iran'.
  • Says that the UAE 'wants a more stable oil market' and 'will abide by the decisions of OPEC+'.

The comments regarding Iran mark a stark change in tone from the UAE. Only a few weeks ago the gov't raised concerns with their Iranian counterparts regarding the Iranian nuclear programme.

Energy BulletsCommodities
Energy BulletsCommodities

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.