MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

MNI: PBOC Sets Yuan Parity Higher At 7.1342 Weds; -0.53% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1342 WEDS VS 7.1310

MNI BRIEF: Powell - Immigration Has Neutral Inflation Impact Over Long Run

MNI BRIEF: Mexico Inflation 4.98% In June, Above Consensus

CHINA JUNE FOOD PRICES -2.1% Y/Y VS -2.0% Y/Y MAY

CHINA JUNE CPI +0.2% Y/Y VS MEDIAN +0.4%; MAY +0.3% Y/Y: NBS

MNI BRIEF: Japan June CGPI Rises 2.9% Y/Y, Higher Import Price

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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MNI POLITICAL RISK-Johnson Speakership Cuts Govt Shutdown Risk

Executive Summary:

  • House Republicans yesterday voted unanimously to elect low-profile conservative House Rep, Mike Johnson (R-LA), as Speaker of the House of Representatives, ending 22 days of paralysis of the chamber.
  • Inside: A full roundup of how a Johnson speakership may decrease the risk of a government shutdown in November and impact the 2024 general election.
  • President Biden yesterday called on Israel, “to operate and align with the laws of war,” safeguard civilians in Gaza, and consider, "what comes next."
  • President Biden is expected to meet with Chinese Foreign Minister Wang Yi at the White House on Friday.
  • The White House yesterday submitted to Congress its second major supplemental funding request in as many weeks – asking for USD$56 billion for, “critical domestic needs.”
  • President Biden issued a statement yesterday commending a tentative agreement between United Auto Workers and Ford which could pave the way for broader deals to end strike action.
  • Rep Dean Phillips (D-MN) is expected to announce a primary challenge against President Biden on Friday.
  • North Carolina’s state legislature has approved a new congressional map which could flip four seats to Republicans in 2024.
  • Poll of the Day: A super PAC affiliated with the 2024 campaign of President Joe Biden, has found Biden in polling at a dead heat, or unfavorably, with former President Donald Trump in three critical swing states.

Please find the full article attached below:

MNIPOLRISKUSDaily261023.pdf

Political Market NewsPolitical Risk
Political Market NewsPolitical Risk

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