MNI China Daily Summary: Monday, July 1

MNI BRIEF: PBOC To Borrow CGBs In Response To Market Situation

MNI BRIEF: Caixin June Manufacturing PMI Hits Three-year High

MNI: PBOC Net Drains CNY48 Bln Via OMO Mon; Rates Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: GERMANY JUL CPI +2.2% Y/Y

German CPI / HICP due for release at 13:00BST / 14:00CET

IFO Consumer-Related Price Expectations Fall Slightly

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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Maduro Stance Risks Barbados Deal and Sanctions Relief  for Venezuela

OIL

Venezuelan President Nicolas Maduro warned on Thursday that plans with the political opposition to hold elections later this year are in danger of collapse, a move which could risk US energy sanctions relief.

  • Maduro’s ruling socialists reached a deal with the political opposition last year over talks in Barbados to hold elections at sometime during the second half of this year.
  • Maduro’s government is also required to reverse bans on political opponents but are yet to do so for front runner Maria Corina Machado, the opposition’s presidential candidate.
  • "Today the Barbados agreements are mortally wounded, they're in intensive care, they were stabbed, kicked," Maduro said in a televised state broadcast.
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