MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Lower At 7.1339 Thurs; -1.06% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1339 THURS VS 7.1342

MNI BRIEF: Bank of Korea Keeps Policy Rate At 3.50%

MNI: BANK OF KOREA KEEPS POLICY RATE AT 3.50%: PRESS

Japan May Machine Orders -3.2% M/M

MNI JAPAN MAY CORE MACHINE ORDERS -3.2% M/M; APRIL -2.9%

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

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

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

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Orban Begins Visit to China, Hopes for Greater Cooperation

HUNGARY
  • Prime Minister Orban begins a visit to China where he’s expected to meet the country’s leadership and attend the Belt and Road Initiative on Tuesday and Wednesday. Following talks with Li Qiang, his Chinese counterpart, Orban said Hungary continues to be a good friend of China in central Europe with Budapest pinning high hopes on cooperation, according to MTI.
  • Hungary does not intend to reduce the amount of Russian oil it buys, Foreign Minister Szijjarto is cited as saying by Interfax on the sidelines of Russian Energy Week. "We do not intend to do anything like that. We are always for diversification, but now we need a solid base, which can only be provided by Russia for objective reasons," he said.
  • Israel’s ambassador to Hungary will speak to the Hungarian parliament’s Foreign Affairs Committee about the political and military situation in Israel today. There are no major economic releases on the docket.
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