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

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

MNI: PBOC Sets Yuan Parity Lower At 7.1315 Fri; -1.12% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1315 FRI VS 7.1339

MNI BRIEF: Fed's Musalem: Interest Rates Likely To Be 3.5%-4% Over Long Run

FED’S DALY: POLICY ADJUSTMENTS LIKELY WARRANTED AT SOME POINT

MNI: CHINA H1 EXPORTS +6.9% Y/Y IN YUAN TERM: CUSTOMS

CHINA H1 EXPORT +3.6% Y/Y VS JAN-MAY +2.7% Y/Y

MNI BRIEF: Japan MOF Official Not Commenting On FX Action

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

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

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

Wires-Gas Emergency Plan Update Nxt Wk, Could Include 'Tougher Measures'

ITALY

Wires reporting comments attributed to unnamed Italian gov't source regarding the country's energy situation.

  • Says gov't will update its emergency plan for gas next week, and will not announce gas rationing for now. The updated emergency plan is set to include 'tougher measures' in case of further cut or stop to Russian gas flows.
  • Says that Italy does not plan additional gas savings for now, and that Rome has reduced dependence from Russian gas to 18% from 40% previously.
  • Source says a key measure for Italy is to have a new floating regasification vessel ready for use by Q123.
Comes after outgoing PM Mario Draghi called for a EU-wide cap on Russian gas prices while speaking at a conference yesterday. Draghi stated that “The Italian government has pressed hard at the European level for a maximum ceiling on the price of Russian gas that we import,...Some countries continue to oppose this idea because they fear that Moscow could interrupt supplies...But the many blocks on supplies of Russian gas this summer have shown the limits of that position."
Homepagemarkets-real-timePolitical Market NewsPolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange Bullets
Homepagemarkets-real-timePolitical Market NewsPolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.