MNI: PBOC Net Injects CNY674 Bln Via OMO Tue; Rates Unchanged

MNI China Press Digest July 16: LPR, Q2 Data, Property

MNI: PBOC Sets Yuan Parity Higher At 7.1328 Tue; -1.79% Y/Y

CHINA PBOC CONDUCTS CNY676 BILLION VIA 7-DAY REVERSE REPOS TUE

CHINA SETS YUAN CENTRAL PARITY AT 7.1328 TUE VS 7.1313

MNI BRIEF: Fed's Powell Says Neutral Rate Has Likely Risen

Q2 Sees Pick-Up in Consumer Loan Demand - ECB BLS

MNI: ECB Q2 ENTERPRISE CREDIT STANDARD +3

Asia Sovs Little Changed, BI Rate Decision Wednesday

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

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

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buying continuation

DOLLAR

GBP loses some ground, brushing aside the Retail sales beat. with focus squarely on Brexit..

  • USD buying continuation with small selling order in equity futures is also helping.
  • US debate was less chaotic, but provided nothing to alter the trajectory of the ongoing campaign.
  • "US stimulus, talks are continuing on a possible COVID-19 aid deal but that larger policy differences with Democrats were unlikely to be resolved before the election Nov. 3"- Kudlow,
  • MNI tech Immediate support in Cable is seen at 1.3025 High Oct 19 initially
  • Today on the data front, French, German, EZ, UK Manufacturing PMI. US Manufacturing and service.
  • ALL EYES remains on Brexit, US stimulus and election which are the main drivers near term.
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