MNI China Daily Summary: Thursday, June 13

MNI BRIEF: China Ready To Safeguard Interests After EU Tariffs

MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1122 Thurs; -1.79% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1122 THURS VS 7.1133

BoJ Data Watch

Fed Data Watch

Industrial Production Disappoints With Weakness Driven by Ireland and Italy

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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IHS MArkit says that the flash PMI data.....>

GERMANY
GERMANY: IHS MArkit says that the flash PMI data showed a "further pick-up in
the rate of growth of Germany's private sector economy from a 20-month low in
May to a five-month high, driven by a stronger increase in manufacturing output.
New order growth also gathered pace, seeing the steepest rise for four months.
Private sector firms continued to add staff at a marked rate, while price
pressures intensified".
- While on pricing IHS Markit says that average pricing rose at fastest rate in
5-months with service providers increasing prices at 2nd "highest rate ever
recorded".
- The only downside see was in business confidence which remained "subdued".
"The Future Output Index was at its second-lowest level in 20 months, remaining
well below the highs seen in 2017", IHS Markit added
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