MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: PBOC Sets Yuan Parity Lower At 7.1270 Fri; -0.95% Y/Y

CHINA PBOC CONDUCTS CNY358.05 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1270 FRI VS 7.1321

MNI BRIEF: Treasury's Yellen: Inflation Moving To Fed's Target

MNI BRIEF: China State Planner To Increase Trade-in Support

Japan Tokyo Jul Core CPI +2.2% Y/Y

MNI BRIEF: Japan July Tokyo Core CPI Rises 2.2% Vs. June's 2.1%

MNI JAPAN JULY TOKYO CORE CPI +2.2% Y/Y; JUNE +2.1%

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

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MNI POLITICAL RISK - Border Security Bill To Come By Sunday

US
  • Senate Majority Leader Chuck Schumer (D-NY) told reporters yesterday that the final text of the long-awaited border security package will be released as soon as today, or as late as Sunday.
  • The US has announced a new Executive Action to tackle violence in the West Bank as the Biden administration's “multi-tiered” response to Sunday's lethal attack on US personnel in Jordan takes shape. Initial sanctions within the EO have been applied cautiously, but some analysts believe the action, “opens up possibilities of full sanctioning of major parts of settlement movement up to and including [Israeli] ministers and government departments."
  • President Biden travelled to Detroit, Michigan yesterday to drum up union support and head-off discontent amongst Arab Americans over Biden’s Middle East strategy. Considering Biden's narrow 154,000 vote margin in Michigan in 2020, the roughly 280,000 strong Arab American community in the state could be critical to Biden’s re-election prospects in November.
  • Senate Majority Leader Chuck Schumer (D-NY) warned reporters yesterday against expecting quick Senate action on the House-passed bipartisan tax bill.
  • House Rep Ken Buck (R-CO) told reporters yesterday that he’s a “solid no” on impeaching DHS Secretary Alejandro Mayorkas, leaving Speaker Johnson with a possible one-vote margin.
  • President Biden spoke with European Commission President Ursula von der Leyen yesterday to “applaud,” EU approval of 50 billion euros of Ukraine aid.
  • Poll of the Day: Fifty percent of US adults now believe that Israel’s response in Gaza has gone too far, up from 40 percent in November.
Full article: US Daily Brief
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