MNI BRIEF: China Service Trade Grows Rapidly, Deficit Expands

MNI: PBOC Net Drains CNY98 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1106 Fri; -1.79% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1106 FRI VS 7.1108

MNI China Daily Summary: Thursday, June 6

Export Rise More Than Forecast, Imports Slow, But Commodity Volumes Hold Up

MNI: CHINA MAY EXPORTS +11.2% Y/Y IN YUAN TERM: CUSTOMS

CHINA MAY EXPORTS +7.6% Y/Y VS MEDIAN +5.3% Y/Y: CUSTOMS

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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MUFG's John Herrmann also adds that "over...>

US VIEW
US VIEW: MUFG's John Herrmann also adds that "over the last two years, Yellen
has argued "Phillips Curve" logic for tightening of labor markets to bleed into
upward pressures on inflation. Recently, Chair Yellen has "toned down" that
expectation, but instead has emphasized the current actual pace of inflation.
Which side of the inflation argument she will argue today, we do not know."
- He also expects Yellen today at 10am ET speech to "argue the baseline forecast
- over the medium-term, inflation gradually returns toward the FOMC target of
+2.00% - but inflation is lower than target, over the near-term."

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