MNI: China CFETS Yuan Index Up 0.48% In Week of Mar 29

MNI: PBOC Sets Yuan Parity Lower At 7.0938 Mon; -4.78% Y/Y

MNI: PBOC Drains Net CNY48 Bln Via OMO Mon; Rates Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.0938 MON VS 7.0950

MNI BRIEF: China March Mfg. PMI Returns To Expansion

BOJ MAR TANKAN: SMALL MFG INDEX -1; DEC +2; MEDIAN -1

BOJ JUN TANKAN LARGE MFG INDEX FORECAST AT +10

MNI BOJ MAR TANKAN LARGE MFG INDEX +11; DEC +13; MEDIAN +10

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MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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WTI trades ~$1.00 above settlement levels,......>

OIL
OIL: WTI trades ~$1.00 above settlement levels, with Brent $0.75 or so above
settlement at writing.
- The major crude benchmarks have drawn support from reports of a much larger
than expected drawdown in headline U.S. crude inventories in the latest round of
weekly API estimates. The reports also pointed to a larger than expected
drawdown in gasoline stocks, while distillate stocks witnessed a slightly
smaller than expected, and modest, rise in stock levels, and stocks at the
Cushing hub fell.
- The major crude metrics settled little changed, and marginally mixed on
Tuesday. Risk-off flows stemming from soft U.S. data/equities and worries
surrounding the upcoming G20 weighed, while U.S.-Iranian tensions continued to
simmer.
- DoE inventory data provides the highlight for participants on Wednesday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
Energy BulletsCommodities
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
Energy BulletsCommodities

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