BOC SAYS DOESN'T NEED TO ALTER PATH OF QT RIGHT NOW

this is a test, please ignore

MNI BRIEF: Text of Bank Of Canada Interest-Rate Decision

MNI China Daily Summary: Wednesday, July 24

MNI: PBOC Net Drains CNY203.9 Bln Via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1358 Weds; -0.98% Y/Y

US Treasury Auction Calendar

EZ/UK Bond Supply Calendar: BTP Short Term and BTPeis on Thursday

EZ/UK T-Bill Calendar: Italy, UK Auction on Friday

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

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MNI POLITICAL RISK ANALYSIS – US Daily Brief

US
  • President Joe Biden departs Washington this evening on a much anticipated tour of the Middle East.
  • Senate Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV) continue to make progress on a reconciliation bill.
  • The White House will dispatch three senior members of the Biden administration to Capitol Hill tomorrow to conduct a classified all-senators briefing on the national security implications of failing to pass the USICA/CHIPS Act amid accusations from both Democrats and Republicans of "playing politics."
  • The House of Representatives is set to take up the initial tranche of annual spending bills to keep the government funded for fiscal year 2023.
  • 13:00 ET 18:00 BST: The January 6 select committee will convene again for another public hearing investigating the Capitol Hill riot.
  • White House National Security Advisor Jake Sullivan says Iran is preparing to send hundreds of drones to Russia.
  • President Biden will host his Mexican counterpart Andrés Manuel López Obrador today as the pair meet for the first time since AMLO's snub of the White House.
  • Vice President Kamala Harris will virtually address the Pacific Islands Forum today as the US and allies attempt to lure the Island nations away from China's sphere of influence.
  • Poll of the Day: Voters are increasingly unlikely to believe that members of Congress deserve re-election.
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