MNI China Daily Summary: Monday, Aug 19

CORRECTED-MNI RIKSBANK WATCH: August Cut On Cards

MNI: China CFETS Yuan Index Down 0.14% In Week of Aug 16

MNI: PBOC Net Drains CNY22.4 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1415 Mon; +1.99% Y/Y

CHINA PBOC CONDUCTS CNY52.1 BILLION VIA 7-DAY REVERSE REPOS MON

EZ/UK Bond Supply Calendar: Finland Syndi; Green Bunds Due Tues

CBRT Data Watch

Japan Jun Machine Orders 2.1% M/M

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

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MNI POLITICAL RISK - Zelenskyy Pitches Ukraine Aid To Senate

US
  • Ukrainian President Volodymyr Zelenskyy will deliver a virtual address to Senators today as Democrats attempts to force movement on President Biden’s USD$106 billion national security supplemental request – the cornerstone of Biden’s foreign policy agenda.
  • Senate Majority Leader Chuck Schumer (D-NY) has teed up a procedural vote on the national security package, likely to take place on Wednesday, which will almost certainly be blocked by Republicans with critical US-Mexico border reforms stalled in the Senate negotiating room.
  • House Speaker Mike Johnson (R-LA) is expected to release a topline spending number for FY24 appropriations bills in the coming days. The number will give an indication of the risk attached to a government shutdown in January.
  • The House Judiciary, Ways and Means, and Oversight committees have released a joint report on the status of a House Republican probe into alleged corruption from President Biden and members of his family.
  • Four candidates have qualified for the fourth Republican Presidential debate set to take place in Tuscaloosa, Alabama on Wednesday evening. Former South Carolina Governor Nikki Haley goes into the debate on a surge of momentum.
  • Treasury Secretary Janet Yellen will travel to Mexico today for a three-day trip designed to strengthen cooperation on narcotics and boost bilateral trade.
  • Poll of the Day: President Biden's approval rating continues to sink.

Full article: US Daily Brief

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