MNI BRIEF: China Steel Market To Remain Subdued In August

MNI China Daily Summary: Thursday, August 1

MNI: BOE VOTES 5-4 FOR 25 BPS RATE CUT AT AUG MEETING

MNI CNB WATCH: Cut Pace Slows To 25Bps, Price Pressures Remain

MNI BRIEF: CNB Cuts 2W Repo Rate By 25Bps To 4.5%

MNI BRIEF: Japan Q2 GDP To Rise 0.5% Q/Q; 2.2% Annualised

US EIA:NAT GAS STORAGE +18 BCF TO 3,249 BCF JUL 26 WK

MNI: US JUN CONSTRUCT SPENDING -0.3%

MNI: US ISM JUL MANUF PURCHASING MANAGERS INDEX 46.8

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

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Local News: Copa America Decision To Be Made Today

BRAZIL
  • According to economy minister Guedes, economic growth should be above 4% and the 2021 primary deficit is being revised to less than 3%.
    • Brazilian economy is giving signs that it may grow more than estimated this year
    • Government to invest in critical social areas
    • Tax reform will shift exemptions toward the so-called `green economy'
    • Government to speed up privatizations, reducing debt-to-GDP ratio to 85% in 2021
    • Brazil can extend emergency cash handouts if pandemic resists country's mass vaccination program (Via Bloomberg)
  • Reports circulated that Brazil had been named Copa America host with the 2021 tournament moving to Brazil just 13 days before the tournament was due to kick off after Argentina were dropped as hosts on Sunday.
    • However, Chief of Staff Luiz Eduardo Ramos told reporters in Brasilia that "there's nothing settled and I want to point out very clearly that we are in the middle of the process".
    • A final decision is expected to be announced today.
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