MNI BRIEF: China To Step Up Macroeconomic Policies - Politburo

MNI: PBOC Net Drains CNY51.03 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1364 Tues; -1.28% Y/Y

CHINA PBOC CONDUCTS CNY216.27 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1364 TUES VS 7.1316

MNI China Daily Summary: Monday, July 29

MNI: NORTH RHINE WESTPHALIA CPI +0.3% M/M, +2.3% Y/Y

MNI: GERMANY Q2 FLASH GDP  -0.1% Q/Q (+0.1% FCST, +0.2% PRIOR)

MNI: ITALY Q2 FLASH GDP  +0.2% Q/Q (+0.2% FCST, +0.3% PRIOR)

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

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Mexico Formal Job Figures, BCCh Marcel Speaks

LATAM
  • Mexico's Social Security Institute will announce October job creation figures. Mexico created 174,096 formal jobs in September, according to IMSS. Data released at 1800GMT/1300ET.
  • Brazil Senate President Rodrigo Pacheco is committed to approving the precatorios bill, Economy Minister Paulo Guedes said at an event organized by Itau bank. (BBG)
    • Guedes reiterated the bill does not change the spending cap and fiscal fundamentals are maintained.
    • Guedes also said he agreed to extend the payroll tax exemption relief for 17 sectors of the economy if Congress supports administrative reform, For reference, the Govt expects to approve administrative reform by the end of 2021, according to the minister.
  • Chile Central Bank President Mario Marcel will present the financial stability report for the second semester at an online event.
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