MNI China Daily Summary: Monday, May 13

MNI BRIEF: Beijing Reveals 2024 Bond Issuance Plan

MNI BRIEF: BOJ Cuts Scale Of 5-10 Year JGB Buying By JPY50 Bln

RPT-MNI POLICY:BCB Dissenters Feared Reaction Function Misstep

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

MNI: PBOC Sets Yuan Parity Higher At 7.1030 Mon; -4.18% Y/Y

Canada March Building Permits Fall, Q1 Permits Below Average

MNI: CANADIAN MAR BUILDING PERMITS -11.7% MOM

Key data and MPC speakers this week (3/3)

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

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

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

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BMO's Aaron Kohli said "the fact...>

US TSYS/RESEARCH
US TSYS/RESEARCH: BMO's Aaron Kohli said "the fact that a Bitcoin split and a
spat between President Trump and Senator Bob Corker occupied much of the early
session today, speaks volumes about the market's lack of focus as we await more
from central banks and the fundamental data prints ahead. One headline that did
get some attention late in the day was that Trump had asked congressional
members for a show of hands at a GOP policy lunch today on who they would prefer
as Fed chair (Bloomberg stated that Taylor won)."
- "This led a sizable jump in yields late in the session with 10s closing about
4.5 bp higher on the day," he said. "We're not sure this means anything for
whether Taylor eventually gets the nod" from the Pres. Trump for his Fed Chair
pick, "though it does at least suggest that Trump is considering the
favorability of his potential pick amongst Congressional Republicans as a factor
in his thinking. Another headline suggested that three Senators were already
leaning against Trump's tax cut plans with a fourth likely to oppose."

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