MNI China Daily Summary: Monday, July 29

MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

CBI Retail Sales Fell Faster Than Expected For The Second Month

MNI: UK CBI JUL DIST TRADE REPORTED SALES -43

MNI: UK BOE JUN MORTGAGE APPROVALS 59,976

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

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Following the resignation of the gov't.......>

RUSSIA
RUSSIA: Following the resignation of the gov't earlier today, President Vladimir
Putin has appointed head of the Russian Federal Tax Service, Mikhail Mishustin,
as acting prime minister. 
- Mishustin takes over from Dmitri Medvedev, who, as was announced earlier, will
become Deputy Head of the Security Council. 
- The new PM does not have a significant political power base and is an obscure
choice to lead the caretaker gov't. He has served as head of Russia's tax
service since April 2010. 
- The appointment of a marginal figure, with little in the way of political
ambitions, to the PM's office is one of the clearer signals Putin could have
sent that he intends to take over as PM, or another senior parliamentary office,
at the end of his presidential term.
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