MNI BRIEF: China To Step Up Macroeconomic Policies - Politburo

MNI: PBOC Net Drains CNY51.03 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1364 Tues; -1.28% Y/Y

CHINA PBOC CONDUCTS CNY216.27 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1364 TUES VS 7.1316

MNI China Daily Summary: Monday, July 29

MNI: NORTH RHINE WESTPHALIA CPI +0.3% M/M, +2.3% Y/Y

MNI: GERMANY Q2 FLASH GDP  -0.1% Q/Q (+0.1% FCST, +0.2% PRIOR)

MNI: ITALY Q2 FLASH GDP  +0.2% Q/Q (+0.2% FCST, +0.3% PRIOR)

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

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

A Little Steeper, RBA Matters Headline This Week

AUSSIE BONDS

Sydney trade was relatively narrow, leaving YM +0.5 & XM -1.0 at typing, with the curve holding steeper vs. settlement throughout Sydney trade, perhaps aided by the presence of the RBA purchasing ACGBs maturing in '25 to '28. On the semi front, SAFA is considering tapping its 2.75% May '30 select line bond.

  • There was nothing in the way of notable market reaction observed in the wake of the latest round of local m'fing PMI, ANZ job ads & CoreLogic house price data (as you would expect), although the broader headline measures presented by those metrics continue to present an encouraging domestic story.
  • In terms of this week's domestic docket, focus will fall on the RBA decision (Tuesday) and release of the SoMP (Friday), which will be supplemented by an address from RBA Deputy Governor Debelle (Thursday) covering the topic of "Monetary Policy during Covid."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
BulletMarketsFixed Income Bullets
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
BulletMarketsFixed Income 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.