MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC CONDUCTS CNY50 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1268 Fri; -0.32% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1268 FRI VS 7.1270

MNI: BANXICO HOLDS INTERBANK RATE STEADY AT 11.00%

MNI BRIEF: Fed's Bowman Says Policy Appears To Be Restrictive

MNI BRIEF: Japan June Tokyo Core CPI Rises 2.1% Vs. May 1.9%

Japan May Ind. Output 2.8% M/M; Shipments +3.5% M/M

MNI BRIEF:Japan May Factory Output Hits First Rise in 2 Months

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

North American Leaders' Summit To Wrap Up Today

POLITICAL RISK

The two-day North American Leaders’ Summit in Mexico City will wrap up today with a trilateral session between US President Joe Biden, Canadian Prime Minister Justin Trudeau, and Mexico President Andres Manuel Lopez Obrador at 13:30 ET 18:30 GMT.

  • Ahead of a meeting yesterday, Biden and Lopez Obrador pledged to build more resilient supply regional chains and work together to overcome issues surrounding migration and narcotics.
  • The White House said in a statement that the two leaders also discussed incentives to promote investment in semiconductor manufacturing along the border.
  • Lopez Obrador said the USMCA has been a valuable asset but the three leaders need to do more to develop the region's industrial base. "...in our ports of the Pacific, we still see how more ships full of merchandise are arriving. And this is something that’s growing, and they’re coming from Asia. And the question we’re asking here is the following: Couldn’t we produce in America what we consume?”
  • The leaders will give a joint statement following the conclusion of the summit with observers watching to see if progress is made on resolving a number of trade disputes straining the USMCA.
Energy BulletsCanadaPolitical Market News Bank of Canada Market NewsCommodities
Energy BulletsCanadaPolitical Market News Bank of Canada Market NewsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.