MNI China Daily Summary: Friday, June 28

MNI BRIEF: PBOC Pledges to Curb Any Overshoot Of The Yuan: MPC

MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC CONDUCTS CNY50 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1268 Fri; -0.32% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1268 FRI VS 7.1270

Inflation Slowed in June, Shaking Off May Hotel Price Jump

Broad-based Deceleration In June Core Metrics

MNI: ITALY JUN FLASH HICP +0.2% M/M, +0.9% % Y/Y; MAY +0.8% Y/Y

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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Global News and Data Calendar

MNI (Washington)
DateGMT/LocalImpactCountryEvent
20/08/20200600/0800**DEPPI
20/08/20200730/0930**SEUnemployment
20/08/20200900/1100**EUconstruction production
20/08/20201000/1100**UKCBI Industrial Trends
20/08/20201100/0700TRTR Interest Rate
20/08/20201100/0700*TRTurkey Benchmark Rate
20/08/20201230/0830**USJobless Claims
20/08/20201230/0830**USPhiladelphia Fed Manufacturing Index
20/08/20201430/1030**USNatural Gas Stocks
20/08/20201600/1200CABOC Deputy Beaudry speaks on panel
20/08/20201700/1300USSan Francisco Fed's Mary Daly to speak at "The New Future of Work: A Virtual Event hosted by the FRBSF" leading a conversation with Arianna Huffington (founder and CEO of Thrive Global), Erica Brescia (COO of GitHub), and Nick Bloom (Professor of Economics at Stanford University), on 'The New Future of Work.'
20/08/20202030/1630**USFed Weekly Money Supply Data
21/08/20202300/0900***AUIHS Markit Flash Australia PMI
21/08/20202301/0001**UKGfk Monthly Consumer Confidence
21/08/20202330/0830***JPCPI
21/08/20200030/0930**JPIHS Markit Flash Japan PMI
21/08/20200600/0700***UKRetail Sales
21/08/20200600/0700***UKPublic Sector Finances
21/08/20200715/0915**FRIHS Markit Services PMI (p)
21/08/20200715/0915**FRIHS Markit Manufacturing PMI (p)
21/08/20200730/0930**DEIHS Markit Services PMI (p)
21/08/20200730/0930**DEIHS Markit Manufacturing PMI (p)
21/08/20200800/1000**EUIHS Markit Services PMI (p)
21/08/20200800/1000**EUIHS Markit Manufacturing PMI (p)
21/08/20200800/1000**EUIHS Markit Composite PMI (p)
21/08/20200830/0930***UKIHS Markit Manufacturing PMI (flash)
21/08/20200830/0930***UKIHS Markit Services PMI (flash)
21/08/20200830/0930***UKIHS Markit Composite PMI (flash)
21/08/20201230/0830**CARetail Trade
21/08/20201345/0945***USIHS Markit Manufacturing Index (flash)
21/08/20201345/0945***USIHS Markit Services Index (flash)
21/08/20201400/1000***USNAR existing home sales
21/08/20201400/1600**EUconsumer confidence indicator (p)
21/08/20201500/1100**USSt. Louis Fed Real GDP Nowcast
21/08/20201515/1115**USNY Fed GDP Nowcast
25/08/20200600/0800***DEGDP (f)
25/08/20200600/0800**NONorway GDP
25/08/20200730/0930**SEPPI
25/08/20200800/1000***DEIFO Business Climate Index
25/08/20201000/1100**UKCBI Distributive Trades
25/08/20201230/0830*CAQuarterly financial statistics for enterprises
25/08/20201230/0830**USPhiladelphia Fed Nonmanufacturing Index
25/08/20201255/0855**USRedbook Retail Sales Index
25/08/20201300/0900**USFHFA Home Price Index
25/08/20201300/0900**USFHFA Quarterly Price Index
25/08/20201300/0900**USS&P Case-Shiller Home Price Index
25/08/20201300/1500**BEBNB Business Sentiment
25/08/20201400/1000***USnew home sales
25/08/20201400/1000***USConference Board Consumer Confidence
25/08/20201400/1000**USRichmond Fed Survey
25/08/20201730/1330CABOC Deputy Schembri speech
25/08/20201925/1525USSan Francisco Fed President Mary Daly to moderate panel on "Under the Magnifying Glass: Inequity and COVID-19" at the Rotary Club of Oakland.
26/08/20200600/0800*NONorway Unemployment Rate
26/08/20200600/1400**CNMNI China Liquidity Suvey
26/08/20200645/0845**FRConsumer Sentiment
26/08/20201100/0700**USMBA weekly applications index
26/08/20201230/0830**USdurable goods new orders
26/08/20201400/1000CABOC Deputy Wilkins speaks at inflation target framework conference (opening and closing remarks)
26/08/20201430/1030**USDOE weekly crude oil stocks
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
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MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
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