MNI China Daily Summary: Wednesday, July 10

MNI BRIEF: China To Investigate EU Trade Actions

MNI BRIEF: China June CPI Hits Three Month Low

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

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

MNI: PBOC Sets Yuan Parity Higher At 7.1342 Weds; -0.53% Y/Y

MNI JAPAN MAY CORE MACHINE ORDERS -3.2% M/M; APRIL -2.9%

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

EZ/UK Bond Supply Calendar: Italy, UK Auction on Thursday

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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Uniper to Pause Red Sea LNG Traffic

LNG

Germany’s Uniper is pausing Red Sea LNG shipments headed for Europe and elsewhere amid ongoing Houthi rebels attacks on ships in the region, a company spokesperson told Bloomberg.

  • “Until further notice, our LNG ships will no longer be traveling through the Suez Canal,” a company spokesman said.
  • At least 8 LNG vessels have diverted away from the Red Sea and towards the Cape of Good Hope according to Kpler due to ongoing security issues.
  • Other energy firms such as BP and Equinor already announced to halt traffic in the Red Sea.
Energy BulletsCommodities
Energy BulletsCommodities

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