MNI BRIEF:BOJ Q1 Output Gap Hits 16th Negative Reading In Row

MNI: PBOC Sets Yuan Parity Higher At 7.1312 Weds; -0.34% Y/Y

MNI: PBOC Net Drains CNY248 Bln Via OMO Weds; Rates Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1312 WEDS VS 7.1291

MNI BRIEF: 'Noise' Driving Economic Deterioration- Campos Neto

Australia May Total Dwelling Approved +5.5%

Australia May Retail Trade +0.6%

MNI: AUSTRALIA MAY RETAIL SALES +0.6% M/M

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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Emissions reduction plan to be unveiled tomorrow

CANADA
  • CTV reported earlier that Guilbeault will unveil details of the federal govt’s plan tomorrow, mapping out specific actions to meet its targets.
  • Passed in June, the Net-Zero Accountability Act commits Canada to net-zero GHG emissions by 2050 and to reduce emissions by 40-45% below 2005 levels by 2030.
  • Canada last week issued its first green bond, with C$5B of a 2.25% 7.5Y bond with a bid-to-cover north of 2.2 despite having cut the spread over the Jun 29s from 2.5bps to 0.5bps beforehand.
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