MNI China Press Digest July 17:  Investment, LPR, H2 Priority

MNI BRIEF: NZ CPI Prints Lower Than Expected At 3.3% Y/y

MNI: PBOC Net Injects CNY268 Bln Via OMO Wed; Rates Unchanged

CHINA PBOC CONDUCTS CNY270 BILLION VIA 7-DAY REVERSE REPOS WED

MNI: PBOC Sets Yuan Parity Lower At 7.1318 Wed; -1.32% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1318 WED VS 7.1328

June Exports Miss, Electronic Exports Fall, Lagging Other Parts Of Asia

EZ/UK Bond Supply Calendar: Greece, UK, Germany Due Wednesday

EZ/UK T-Bill Calendar: Portugal, EU Auction on Wednesday

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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Gilts have opened marginally higher,...>

GILT SUMMARY
GILT SUMMARY: Gilts have opened marginally higher, taking cue from mild recovery
in US Treasuries overnight, but it is the short-end that is currently
outperforming and in turn bull steepening the yield curve. 10-yr Gilt yield is
0.3bp lower at 1.407%, while 2-yr is 0.5bp lower at 0.502%.
- Main focus today will be on ECB monetary policy decision at 1245BST and then
comments from President Draghi at the press conference 45 minutes later.
Consensus is for a 9-month extension to its QE programme at a reduced rate of
E30bln per month.
- The other focus is on the the announcement of a new Fed Chair expected in the
next few days, were latest odds from Betfair sees Powell at 2-1 and Taylor at
3.2-1.
- There is UK CBI distributive trades survey released at 1100BST but is this
unlikely to get the markets too excited being so close to a Bank of England
super Thursday meeting next week.
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