MNI China Daily Summary: Wednesday, June 19

MNI BRIEF: Rate Changes Affect Eurozone More Than US Firms-ECB

MNI BRIEF: BOJ May Real Export Index Drops 1.4% M/M

MNI BRIEF: PBOC, MOF To Promote Treasury Trades Progressively

MNI: PBOC Net Injects CNY276 Bln Via OMO Weds; Rates Unchanged

CHINA PBOC CONDUCTS CNY278 BILLION VIA 7-DAY REVERSE REPOS WEDS

EZ/UK Bond Supply Calendar: Spain, France Auction on Thursday

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

EZ/UK Bond Supply Calendar: Spain, France Auction on Thursday

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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Duda Appoints Morawiecki's Short-Lived Cabinet

POLAND
  • President Andrzej Duda formally appointed Prime Minister Mateusz Morawiecki's Cabinet, which is doomed to be voted down within the next two weeks. Onet reported that the line-up of the "expert-political" Cabinet composed mostly of Law and Justice (PiS) backbenchers has been picked by Morawiecki and party leader Jaroslaw Kaczynski alone, with the party's top brass confident that the government-forming mission will fail. Government spokesman Piotr Muller said that Morawiecki will likely deliver his policy speech on December 11, which is the latest possible date, seeking a parliamentary vote of confidence thereafter.
  • Today's docket of the lower house of parliament (Sejm) is tightly packed, with lawmakers set to elect the Children's Ombudsman, vote on a bill on public funding for IVF in first reading and debate tweaks to the ban on Sunday shopping. The most time has been allocated to a debate on establishing three investigative commissions to probe the last presidential election, the use of Pegasus spyware against opposition politicians and the cash-for-visas scandal.
  • Business Insider suggests that the NBP sees increasing odds that the incoming pro-EU coalition will press charges against Governor Adam Glapinski and is preparing for a "worst-case scenario" of confrontation. That being said, the central bank's top brass reportedly believes that the incoming administration is unlikely to follow through on its campaign pledge to hold Glapinski accountable.
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