CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

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MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

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MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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

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MNI POLITICAL RISK - US Daily Brief

US
  • The House Rules Committee voted to send House Speaker Kevin McCarthy's (R-CA) Limit, Save, Grow Act debt limit package to the floor of the House of Representatives after a marathon session concluded at 02:00 ET this morning.
  • Despite statements from McCarthy that he would play hardball, the Speaker blinked first and agreed to amend the bill to maintain access to ethanol credits, enforce stricter work requirements for social entitlement programmes, and scrap more of the Inflation Reduction Act.
  • We should know if McCarthy’s last-minute concessions have done enough when GOP lawmakers emerge from a closed-door meeting scheduled for 09:00 ET 14:00 BST.
  • There will be uncomfortable discussions on a number of issues today as South Korean President Yoon Suk-yeul continues his state visit to the White House.
  • The Senate HELP committee will vote today on Julie Su's nomination for Labor Secretary.
  • Former President Trump has indicated he may skip Republican primary debates after criticising the Republican National Committee.
  • The White House has issued a statement on President Biden’s upcoming international travel.
  • Poll of the Day: Trump’s criminal indictment appears to have boosted his support.
Full Article: US Daily Brief
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