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MNI: PBOC Net Injects CNY3 Bln Via OMOs Friday

CHINA PBOC INJECTS CNY5 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.0760 FRI VS 7.0529

MNI: AUSTRALIA APR RETAIL SALES +0% M/M

Japan Tokyo May Inflation +3.2% Y/Y

MNI: JAPAN APR SERVICES PPI +1.6% Y/Y; MAR REV +1.7%

MNI: Canada Resilient To US Debt Ceiling Clash- Freeland

MNI BRIEF: BOC Defends 2% Target, Senate Asks About Raising It

MNI INTERVIEW: Canada Budget Keeps BOC On Pause: Ex Official

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MNI PODCAST: FedSpeak- World Skirting Recession--EDC Economist

Photo by Erwan Hesry on Unsplash
(MNI) OTTAWA
EXECUTIVE SUMMARY
  • Export Development Canada chief economist Stuart Bergman discusses why the global economy can cycle through next year without a recession.
  • “The bike is moving really slowly, it’s still upright but it’s kind of wobbly and even just the tiniest pebble can cause it to tip over. The problem is that the path ahead is absolutely littered with pebbles.”
  • Canada gains from high commodity prices, but has limited scope to fill Europe's needs for oil and natural gas in the next few years.

Listen to the podcast here.

MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
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MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
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