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

MNI: PBOC Net Drains CNY203.9 Bln Via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1358 Weds; -0.98% Y/Y

MNI: JAPAN JUNE SERVICES PPI +3.0% Y/Y; MAY REV +2.7%

MNI BRIEF: Japan June Services PPI Rises 3.0% Vs. May's 2.7%

US Treasury Auction Calendar

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

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Manchester Asks For GBP75mn To Move To Tier 3 Restrictions: Granada

UK PRESS

Hannah Miller at Granada Reports tweets: "I understand leaders in Greater Manchester have asked for £75m from Government to move into Tier 3 - which would (on a per head basis) be roughly in line with Liverpool City Region / Lancashire funding arrangement"

  • The Greater Manchester region, recording some of the highest new caseload and hospitalisation numbers in the UK, has held out against going into the most severe COVID-19 restrictions in England, arguing the financing from central gov't has not been sufficient to enable workers hit by temporary business closures to support themselves.
  • PM Boris Johnson set to announce the imposition of tier 3 restrictions on Greater Manchester this afternoon. Gov't has sought to do this with the consent of the local authorities, but has said it will do so unilaterally if the consent is not given.
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