MNI China Daily Summary: Friday, July 12

MNI BRIEF: China June M2 SlowsTo Record Low For Third Month

MNI BRIEF: China Steel Export Growth Slows In June

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

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

Retail Sales / Services Turnover Publications Postponed Indefinitely

CHINA H1 NEW LOANS CNY13.27 TRLN VS JAN-MAY CNY11.14 TRLN

Inflation Momentum Ticks Up Despite Lower-than-expected Print

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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March Retail Sales, AMLO Stokes Supreme Court Conflict

MEXICO
  • Retail sales are expected to have increased 2.8% y/y in March, down from a 3.4% rise the month prior, according to economist estimates compiled by Bloomberg. The data may be buoyed by household incomes and consumption benefitting from increasing employment, salaries and remittances. Consumer sentiment is also a positive. National statistics agency releases the data at 1300BST/0800ET:
    • March Retail Sales M/m, est. 0.1%, prior -0.3%
    • March Retail Sales Y/y, est. 2.8%, prior 3.4%
  • President AMLO issued a decree Thursday designating some of his flagship public works of national security and public interest, escalating a conflict with the country’s Supreme Court. (BBG)
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