MNI China Daily Summary: Monday, February 10

MNI BRIEF: PBOC'S Zou Promoted To Vice Governor Role

MNI BRIEF: China Steel To See Limited Impact From U.S. Tariffs

MNI: China CFETS Yuan Index Down 0.15% In Week of Feb 7

MNI: PBOC Net Drains CNY234 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1707 Mon; -1.31% Y/Y

MNI: NORWAY JAN CORE CPI +0.1% M/M, +2.8% Y/Y

MNI: NORWAY JAN CPI +0.2% M/M, +2.3% Y/Y

MNI: US DEC CONSUMER CREDIT +$40.8B

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

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RUSSIA: Kremlin Declines to Confirm or Deny Putin-Trump Call

RUSSIA
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  • China’s President Xi Jinping accepted Russian leader Vladimir Putin’s invitation to take part in Victory Day celebrations in Moscow on May 9, Moscow’s Ambassador to China said according to Tass. Meanwhile, Xi invited Putin to visit China in early September.
  • Citing Putin’s spokesman, Dmitry Peskov, Bloomberg report that the Kremlin on Sunday declined to confirm or deny that the Russian President had spoken with US President Donald Trump, after the New York Post cited the US leader saying they’d discussed the war in Ukraine on a phone call. “I personally may not know something, may not be aware of something. This is why I can neither confirm nor deny it in this case,” Peskov told Russian news services.
  • Meanwhile, Interfax report that Deputy Foreign Minister Sergei Ryabkov will hold a news conference on Russia-US relations and arms-control issues at 11:00GMT/14:00 local.
  • There are no major data releases scheduled for today, with domestic focus on CPI data and the CBR rate decision both due Friday. All 23 analysts polled by Vedomosti believe that the central bank will keep its key interest rate unchanged at 21%.
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  • China’s President Xi Jinping accepted Russian leader Vladimir Putin’s invitation to take part in Victory Day celebrations in Moscow on May 9, Moscow’s Ambassador to China said according to Tass. Meanwhile, Xi invited Putin to visit China in early September.
  • Citing Putin’s spokesman, Dmitry Peskov, Bloomberg report that the Kremlin on Sunday declined to confirm or deny that the Russian President had spoken with US President Donald Trump, after the New York Post cited the US leader saying they’d discussed the war in Ukraine on a phone call. “I personally may not know something, may not be aware of something. This is why I can neither confirm nor deny it in this case,” Peskov told Russian news services.
  • Meanwhile, Interfax report that Deputy Foreign Minister Sergei Ryabkov will hold a news conference on Russia-US relations and arms-control issues at 11:00GMT/14:00 local.
  • There are no major data releases scheduled for today, with domestic focus on CPI data and the CBR rate decision both due Friday. All 23 analysts polled by Vedomosti believe that the central bank will keep its key interest rate unchanged at 21%.