MNI: PBOC Net Injects CNY47 Bln Via OMO Thurs; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1285 Thurs; -1.29% Y/Y

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CHINA PBOC CONDUCTS CNY49 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1285 THU VS 7.1318

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Australia Jun Unemployment Rate 4.0%

Japan Jun Exports +5.4% Y/Y; Imports +3.2% Y/Y

MNI:AUSTRALIA JUN UNEMPLOYMENT RATE +4.1%

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

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Duda Explains Court Bill Decision, Poland Stops Receiving Russian Pipeline-Borne Oil

POLAND
  • President Andrzej Duda told "Sieci" weekly that he could not have signed off on the court bill, which the government claims would unlock Poland's access to EU recovery funds, due to his concerns over its compliance with the Polish constitution. He noted that it is unclear if the European Commission would not outline further conditions for disbursing the money, even if Poland adopted the required judicial reforms. Duda said that the ruling coalition should not made its political strategy dependent on the European Commission's decision ahead of this year's parliamentary election.
  • Poland said that it has stopped receiving oil from Russia via the Druzhba pipeline. The impact on the overall supply of oil should be limited, as Russian crude accounted for just about 10% of Polish imports, with Warsaw gradually reducing its dependence on Russian commodities since Moscow's invasion of Ukraine.
  • The local data docket is virtually empty today, but final Q4 GDP data will cross the wires tomorrow morning.
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