MNI China Daily Summary: Wednesday, June 26

MNI CHINA LIQUIDITY INDEX: CONDITIONS TIGHTEN IN JUNE

MNI DATA TABLE: MNI China Interbank Liquidity Index (Jun) - 1

MNI: PBOC Net Drains CNY28 Bln Via OMO Weds; Rates Unchanged

CHINA PBOC CONDUCTS CNY250 BILLION VIA 7-DAY REVERSE REPOS WEDS

MNI Eurozone Inflation Preview: June 2024

CBI Retail Sales Fell Faster Than Expected

MNI: UK CBI JUN DIST TRADE REPORTED SALES -24

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

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

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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MNI POLITICAL RISK - Johnson To Move UKR Aid After Recess

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  • House Speaker Mike Johnson (R-LA) said that he expects to move a Ukraine aid package with “some important innovations” soon after the House Representatives returns from recess on April 9. Johnson indicated that he would likely re-write the Senate-passed USD$95 billion package to include more diverse sources of funding and target some Republican wins on energy policy.
  • US and EU officials will meet Thursday in Leuven, Belgium for what is likely to be the final Trade and Technology Council (TTC) summit before EU and US elections.
  • Israel has agreed to reschedule an in-person meeting with US security officials to discuss a proposed IDF military operation in the southern Gazan city of Rafah.
  • The US told Iran it "had no involvement" or advanced knowledge of an Israeli strike in Syria that killed the most senior IRGC officer killed since the assassination of General Qasem Soleimani in 2020.
  • The navies of the US, Australia, Japan and the Philippines are reportedly set to engage in the first full-scale maritime exercises involving all four countries on 7 April.
  • Japanese Prime Minister Fumio Kishida and President Biden are reportedly set to agree on subsidy rules for strategic products like semiconductors ahead of Kishida's White House State Visit, taking place April 8-14.
  • Poll of the day: : Protecting democracy is Biden's key pillar of strength.
Full article: US Daily Brief
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  • House Speaker Mike Johnson (R-LA) said that he expects to move a Ukraine aid package with “some important innovations” soon after the House Representatives returns from recess on April 9. Johnson indicated that he would likely re-write the Senate-passed USD$95 billion package to include more diverse sources of funding and target some Republican wins on energy policy.
  • US and EU officials will meet Thursday in Leuven, Belgium for what is likely to be the final Trade and Technology Council (TTC) summit before EU and US elections.
  • Israel has agreed to reschedule an in-person meeting with US security officials to discuss a proposed IDF military operation in the southern Gazan city of Rafah.
  • The US told Iran it "had no involvement" or advanced knowledge of an Israeli strike in Syria that killed the most senior IRGC officer killed since the assassination of General Qasem Soleimani in 2020.
  • The navies of the US, Australia, Japan and the Philippines are reportedly set to engage in the first full-scale maritime exercises involving all four countries on 7 April.
  • Japanese Prime Minister Fumio Kishida and President Biden are reportedly set to agree on subsidy rules for strategic products like semiconductors ahead of Kishida's White House State Visit, taking place April 8-14.
  • Poll of the day: : Protecting democracy is Biden's key pillar of strength.
Full article: US Daily Brief