MNI China Daily Summary: Thursday, June 20

NORGES BANK HEAD: EITHER HIKE OR EARLIER CUT POSSIBLE

NORGES BANK HEAD SEES POLICY RATE AT 4.5% TO END YEAR

MNI: PBOC Net Injects CNY18 Bln Via OMO Thu; Rates Unchanged

CHINA PBOC CONDUCTS CNY20 BILLION VIA 7-DAY REVERSE REPOS THU

MNI: PBOC Sets Yuan Parity Higher At 7.1192 Thu; -1.93% Y/Y

IFO Upwardly Revises 2024 Growth Forecast by 0.2pp to +0.4% Y/Y

NOK Little Changed Ahead of Norges Bank; Hold In Rates Expected

Intermediate Goods Deflation Continues to Fade in May PPI

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 Survey of US Economic Forecasts: Feb 27 - Feb 28 

Repeats Story Initially Transmitted at 20:06 GMT Feb 26/15:06 EST Feb 26
                         Feb 27     Feb 27    Feb 27   Feb 28   Feb 28   Feb 28
-------------------------------------------------------------------------------
                        Durable    Durable                       Chain
                      Goods New      Goods  Consumer     Real    Price      MNI
                         Orders  Ex. Trans      Conf      GDP    Index  Chicago
Data For                    Jan        Jan       Feb   4Q (s)   4Q (s)      Feb
Denomination            Pct Chg    Pct Chg     Index  Pct Chg  Pct Chg    Index
Median Forecast **         -2.5        0.2     126.3      2.5      2.4     64.0
High Forecast              -1.3        0.9     127.7      2.6      2.4     66.8
Low Forecast               -3.5       -0.4     124.0      2.4      2.4     64.0
Mean                       -2.4        0.2     126.0      2.5      2.4     64.8
Standard Deviation          0.7        0.3       1.2      0.1      0.0      1.0
No. of Responses             14         12        10       13        6        7
Amherst Pierpont           -2.9        0.0     127.0      2.5       NA       NA
Barclays Capital           -1.5       -0.2     127.0      2.4       NA     64.0
BMO                        -2.0        0.5     126.0      2.5      2.4     64.0
Capital Economics          -2.5        0.0     124.0      2.5       NA       NA
CIBC                       -3.3        0.3     124.1      2.4      2.4       NA
Comerica Bank              -2.5         NA        NA      2.5      2.4       NA
Credit Suisse              -3.0        0.5     125.0      2.6      2.4       NA
FT Advisors                -2.7        0.1        NA      2.5      2.4     66.8
Goldman Sachs              -1.3        0.9     127.0      2.4       NA     65.5
Morgan Stanley             -3.0        0.2     127.7       NA       NA       NA
Nomura                     -1.5        0.0        NA      2.5       NA     65.0
NTL Bank Canada            -3.5       -0.4        NA      2.5       NA       NA
UBS                        -2.5        0.3     126.0      2.5       NA     64.0
UMaryland                  -1.5         NA     126.5      2.5      2.4     64.0
** Note: The survey median is compiled solely from the forecasts listed above
and is not intended to represent a market consensus.
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com
[TOPICS: MTABLE]
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