MNI China Daily Summary: Monday, July 29

MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

CBI Retail Sales Fell Faster Than Expected For The Second Month

MNI: UK CBI JUL DIST TRADE REPORTED SALES -43

MNI: UK BOE JUN MORTGAGE APPROVALS 59,976

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

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MNI POLITICAL RISK - No Clear Leader In Speaker Race

US
  • With the weekend looming, neither House Majority Leader Steve Scalise (R-LA), nor House Judiciary Chair Jim Jordan (R-OH), have locked down close to the requisite 217 votes required to win the speaker’s gavel. We have a roundup of what to expect over the coming week.
  • The paralysis of the House is likely to significant raise the risk of a government shutdown in mid-November. A key dynamic this week will be a push from moderate Republicans to reform the motion-to-vacate and reclaim power from conservatives.
  • The White House has begun preparations for a meeting between President Biden and Chinese President Xi Jinping on the margins of November’s APEC summit in San Francisco.
  • President Donald Trump reportedly shared "apparently classified” information about US nuclear submarines with an Australian businessman at his private Mar-a-Lago club in Florida.
  • Treasury Secretary Janet Yellen will depart Sunday on a nine-day international trip to advocate for the Biden administration’s plans to reform multinational development banks and drum up support for additional measures to curb Russia’s oil revenue.
  • The US and European Union are expected to announce a short-term deal on a steel and aluminium agreement on October 20.
  • Poll of the Day: President Biden's approval rating has continued to slump.
Full article: US Daily Brief
EM BulletHomepagePolitical Market NewsPolitical RiskEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets
EM BulletHomepagePolitical Market NewsPolitical RiskEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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