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 BOE JUN MORTGAGE APPROVALS 59,976

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

Riksbank Shouldn’t Place Too Much Weight On The Q2 GDP Indicator

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

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US Gasoline To Fall Slightly YoY In 4Q: Energy Aspects

OIL

US gasoline consumption this year is forecast to remain flat on the year, with slightly lower demand expectations compared to last year during the fourth quarter, given likely pressures from tightening monetary policy on real income according to an Energy Aspects report.

  • Energy Aspects forecasts global gasoline demand to remain strong but remains mindful of the return of planned supply.
  • Latest EIA data showed last week US gasoline stocks showed a larger than expected draw with healthy exports and despite an increase in production.
Energy BulletsCommodities
Energy BulletsCommodities

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