MNI: PBOC Net Drains CNY203.9 Bln Via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1358 Weds; -0.98% Y/Y

CHINA PBOC CONDUCTS CNY66.1 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1358 WEDS VS 7.1334

MNI BRIEF: China Wants U.S. Firms To Deepen Investment

MNI China Daily Summary: Tuesday, July 23

Germany and France Underperform Wider EZ Again In July Flash PMI

MNI: EUROZONE JUL FLASH MANUFACTURING PMI 45.6 (FCST 46.1); JUN 45.8

Weaker-than-expected July Flash PMI Helps Bunds To Intraday Highs

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

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Deputy Treasury Sec. Talks On Debt Ceiling & China

US

Speaking at a conference in Washington, D.C., Deputy Treasury Secretary Wally Adeyemo states that the White House and Congressional leaders are making progress in debt ceiling talks, but that the stand-off 'is costing American taxpayers already.' Adds that the economy is in a robust condition but the "last thing we need right now is a manufactured crisis."

  • Separately, on China relations Adeyemo states that the US is 'not decoupling from China', saying that 'We should not be over-reliant on any one country supply chains,' and that 'De-risking is going to be an important part of what we do going forward.'
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