MNI China Daily Summary: Friday, September 27

RPT-MNI: EU Expects France To Request 7-Year Fiscal Plan

MNI: PBOC Net Drains CNY238.9 Bln via OMO Friday; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.0101 Fri; +4.14% Y/Y

MNI BRIEF: PBOC To Cut RRR and Key Rates From Sept 27

CHINA PBOC CONDUCTS CNY333 BLN VIA 14-DAY REVERSE REPOS FRI

MNI: UK CBI SEP DIST TRADE REPORTED SALES 4

MNI: ECB 1-YEAR CONSUMER INFLATION EXPECTATIONS 2.7%

MNI: GERMANY SEP UE RATE (SA) 6.0% (FCST 6.0%); AUG 6.0%

CANADA: Politics Week: Parliament Opens With Early Election Threats

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

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MNI BRIEF: New PM No Block To BOJ Policy Path

(MNI) Tokyo
Policy NewsCentral Bank NewsAPACJapanBank of JapanBriefGlobalStoryRegion
MNI (LONDON)

Former Defense Minister Shigeru Ishiba's victory in the Liberal Democratic Party’s presidential election is unlikely to deter the Bank of Japan’s path to normalize monetary policy, financial markets concluded, sending the yen higher Friday.

Ishiba, who is supportive of the BOJ’s current stance of normalizing easy policy, will succeed PM Fumio Kishida. His win was taken by financial markets as a sign that the government will continue with 'business as usual' with his rival Sane Takaichi -- seen as a strong monetary easing advocate -- defeated.

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MNI (LONDON)

Former Defense Minister Shigeru Ishiba's victory in the Liberal Democratic Party’s presidential election is unlikely to deter the Bank of Japan’s path to normalize monetary policy, financial markets concluded, sending the yen higher Friday.

Ishiba, who is supportive of the BOJ’s current stance of normalizing easy policy, will succeed PM Fumio Kishida. His win was taken by financial markets as a sign that the government will continue with 'business as usual' with his rival Sane Takaichi -- seen as a strong monetary easing advocate -- defeated.

Keep reading...Show less