MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: PBOC Net Injects CNY57 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1315 Fri; -0.52% Y/Y

CHINA PBOC CONDUCTS CNY59 BILLION VIA 7-DAY REVERSE REPOS FRI

Intermediate PPI Deflation Continues To Fade in June

MNI: GERMANY JUNE PPI  +0.2 % M/M (+0.1% FCAST, 0.0% PRIOR)

Disappointing data but no market reaction

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

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Better than exp. China's official PMI.........>

FOREX
FOREX: Better than exp. China's official PMI figures supported risk appetite,
despite the adoption of the Hong Kong Security Bill by Chinese lawmakers. The
yuan shrugged off potential ramifications of China's steps and drew support from
reassuring data, with USD/CNH & USD/CNY falling past yesterday's lows. 
- The Antipodeans firmed up and AUD led gains in the G10 basket. JPY landed at
the bottom of the pile, as the optimistic reception of Chinese data kept a lid
on the currency, after it sold off into the Tokyo fix. Month- and quarter-end
flows were eyed.
- GBP held up quite well ahead of the much awaited speech from UK PM Johnson,
who is expected to unveil some details about the gov't spending plans.
- USD/KRW probed the water below its 200-DMA but recouped initial losses. Better
sentiment aided the won, but local industrial output data missed projections.
- Today's data releases include final UK GDP, Canadian GDP, as well as flash EZ,
Italian & French CPIs. Speeches are scheduled from RBA's Debelle, BoE's Haldane
& Cunliffe, ECB's Schnabel & de Guindos, as well as Fed's Powell (who testifies
to lawmakers with Tsy Sec Mnuchin), Williams, Brainard, Bostic & Kashkari.
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