MNI BRIEF: Japan Govt Keeps Econ View, Cuts Exports

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1321 THURS VS 7.1358

MNI China Daily Summary: Wednesday, July 24

IFO disappoints

MNI: GERMANY JUL IFO BUSINESS CLIMATE INDEX 87

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

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Load-Shedding Under Scrutiny, South Africa Adopts Electoral Amendment Bill

SOUTH AFRICA
  • Electricity Minister Kgosientsho Ramokgopa denied reports that Eskom last week quietly implemented Stage 8 load-shedding, noting that citizens would have been informed about such a decision. The official vowed to be transparent about tackling the energy crisis and noted that Eskom had prepared a plan to cope with increased electricity demand during the winter season.
  • President Cyril Ramaphosa yesterday signed the Electoral Amendment Bill into law, allowing independent candidates to run in provincial and national elections. The bill was tabled to comply with a Constitutional Court ruling from 2020. Some civil society groups continue to question the constitutionality of the legislation. The government is looking to consider a broader electoral reform after the 2024 poll.
  • The local data docket is empty today, with March CPI and February retail sales coming up Wednesday.
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