MNI China Daily Summary: Thursday, August 1

MNI: BOE VOTES 5-4 FOR 25 BPS RATE CUT AT AUG MEETING

MNI BRIEF: BOJ To Focus On Continued Positive Wage Setting

MNI BRIEF: CNB Cuts 2W Repo Rate By 25Bps To 4.5%

MNI BRIEF: Japan Q2 GDP To Rise 0.5% Q/Q; 2.2% Annualised

MNI BRIEF: China Retains Ample Policy Space In H2 – NDRC

MNI: US Q2 PREL UNIT LABOR COSTS +0.9% VS Q1 +3.8%; Y/Y +0.5%

MNI: US JOBLESS CLAIMS +14K TO 249K IN JUL 27 WK

VDMA Factory Orders Remain Weak in June

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

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Fitch Ratings: Nicaragua Vote Heightens Sanctions Risks

LATAM
  • According to Fitch - Nicaragua's elections have worsened relations with the U.S. and EU, although they think trade sanctions are unlikely in the near term.
  • Separately AFP reported that the United States warned Monday of additional sanctions against Nicaragua after President Daniel Ortega was declared the winner of an election widely denounced as a sham.
    • "We will continue to use diplomacy, coordinated actions with regional allies and partners, sanctions and visa restrictions, as appropriate, to promote accountability for those complicit in supporting the Ortega-Murillo government's undemocratic acts," Secretary of State Antony Blinken said in a statement.
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