MNI BRIEF: China State Planner To Increase Trade-in Support

MNI China Daily Summary: Thursday, July 25

MNI BRIEF: Japan Govt Keeps Econ View, Cuts Exports

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

US EIA:NAT GAS STORAGE +22 BCF TO 3,231 BCF JUL 19 WK

Core Goods Pipeline Pressures Pick Up On 3m/3m Basis

Aircraft-Led Durables Collapse Masks Rebound In Core Orders

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

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New COVID-19 Variant May Be More Deadly, But Vaccines Still Effective

UK

PM Boris Johnson in his press conference says that "it also now appears there is some evidence the new [Kent] variant may be associated with a higher degree of mortality"

  • Says 1 in 10 UK adults have now had at least one dose of the vaccine.
  • 400k vaccinated in the last 24 hours (a record), with 5.4mn vaccinated in total.
  • No mention so far of new restrictions on travel, either a full block on international travel or the introduction of an Australia-style hotel quarantine, which had been rumoured in media.
  • CMO Prof Whitty says new infections still at an 'extraordinary high level' but some signs of it flattening out.
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