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EGB Supply for W/C Jul 26

USDCAD TECHS

Pullback Considered Corrective

US TSYS SUMMARY

What a Short, Strange Trip It's Been

GLOBAL POLITICAL RISK

Pfizer, Moderna Jabs Retain High Trust; AZ, Sputnik Lower

AUDUSD TECHS

Trend Indicators Remain Bearish

     BEIJING (MNI) - The People's Bank of China (PBOC) skipped open market
operations for the fifth day, which led to net liquidity drain of CNY30 billion
due to the maturity of reverse repos, according to Wind Information. 
     - The total liquidity in the banking system is relatively high, enough to
offset the maturity of reverse repos, PBOC said.
     - The 7-day weighted average interbank repo rate for depository
institutions (DR007) fell to 2.6510% at 9:17 a.m. local time from weighted
average 2.6962% on Thursday: Wind Information.
     - The CFETS-NEX money-market sentiment index closed at 43 on Thursday vs 38
on Wednesday. A greater index indicates heightened market expectation for
tighter liquidity.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]