MNI China Daily Summary: Thursday, July 25

MNI BRIEF: Japan Govt Keeps Econ View, Cuts Exports

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1321 THURS VS 7.1358

MNI: US Q2 GDP +2.8%

MNI: US JOBLESS CLAIMS -10K TO 235K IN JUL 20 WK

MNI:US JUN DURABLE NEW ORDERS -6.6%; EX-TRANSPORTATION +0.5%

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

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US Everett Marine LNG Terminal May Avoid Closure

LNG

The Everett Marine LNG terminal may be saved from closure as two regional utilities look for deal to source fuel for the plant, according to Bloomberg.

  • National Grid is requesting approval for a six-year deal with Constellation Energy, while Eversource Energy plans to submit a similar request.
  • The terminal is critical for demand balance in New England – an area lacking sufficient pipeline capacity from other US regions.
  • The terminal has been at risk of closure as its main customer, the Mystic power station, is set to close in May.
  • Constellation asked regulators to approve the dela by May. 1.
Energy BulletsCommodities
Energy BulletsCommodities

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