4/ #China's Jan-Aug #trade to
ASEAN +14% y/y to 4.09 trillion yuan
🇪🇺EU +9.5% y/y to 3.75 trillion yuan
🇺🇸US +10.1% y/y to 3.35 trillion yuan
🇰🇷Korea +7.8% y/y to 1.60 trillion yuan #trade
5/ 🇨🇳#China August imports (y/y): #Ironore -1.3% to 96.21 million tons #Copper ore +20.11% to 2.27 million tons #Coal +5% to 29.45 million tons #Crudeoil -9.39% to 40.35 million tons #Naturalgas -15.23% to 8.85 million tons #Vehicle +26.67% to 76,000 units #OOTT
BANK OF CANADA HIKES POLICY INTEREST RATE BY 75 BPS TO 3.25%, IN LINE WITH MARKET EXPECTATIONS. #CANADA $CAD
CANADA RATES 'WILL NEED TO RISE FURTHER’ GIVEN INFLATION: BOC #CANADA $CAD
BOC: WILL BE ASSESSING HOW MUCH HIGHER RATES NEED TO GO AS EFFECTS OF TIGHTER MONETARY POLICY WORK THROUGH THE ECONOMY. SURVEYS SUGGEST SHORT-TERM INFLATION EXPECTATIONS REMAIN HIGH; THE LONGER THIS CONTINUES, THE GREATER THE RISK ELEVATED INFLATION BECOMES ENTRENCHED.
$CAD
Uniper and Woodside Sign Pact for LNG Supply to Europe. #ONGT#natgas#LNG
Uniper: LNG to be supplied is >0.8m tons per year. #ONGT#natgas#LNG
Uniper: Woodside will supply LNG to Europe starting January 2023 up until 2039 under flexible long-term sale and purchase agreement. New agreement covers 1 billion cubic meters of natural gas per year. #ONGT#natgas#LNG
⚡#CHINA CENTRAL BANK ASKS MAJOR FINANCIAL INSTITUTIONS TO INCREASE LENDING TO REAL ECONOMY AND DO A BETTER JOB IN PROVIDING CREDIT SUPPORT TO SMALL AND MICRO BUSINESSES, GREEN DEVELOPMENT, AND SCIENTIFIC AND TECHNOLOGICAL INNOVATION.
⚡#CHINA CENTRAL BANK SAYS SHOULD ENSURE REASONABLE FINANCING DEMAND FOR REAL ESTATE AND INCREASE FINANCIAL SUPPORT FOR KEY AREAS INCLUDING PLATFORM ECONOMY. $KWEB $FXI
Germany wants to work with Canada on LNG but does not expect any agreements during Scholz trip - Reuters cites German govt source #OOTT#LNG#Germany🇩🇪 #Canada🇨🇦
Germany is looking at potential LNG deliveries from Canada in medium term, not next one or two years - German govt source #OOTT#LNG#Germany🇩🇪 #Canada🇨🇦
Russia wanted to divide western allies with Siemens turbine debate, can be delivered at any time - German govt source #OOTT#LNG#Germany🇩🇪 #Canada🇨🇦