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: SWISS KOF JUN ECONOMIC BAROMETER 102.7

MNI: SPAIN JUN FLASH HICP +0.3% M/M, +3.5% Y/Y

MNI: FRANCE JUN HICP +0.1% M/M, +2.5% Y/Y

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

Pheu Thai Urged To Dump Move Forward Party To Ensure Senate Support At Next PM Vote

THAILAND

Thailand's Pheu Thai party is being urged to ditch its alliance with the Move Forward Party (MFP) ahead of the third PM vote this Thursday (the 27th of July). Vocal Thai Senator, Kittisak Rattanawaraha, stated that Pheu Thai must do this to avoid losing votes. Kittisak claims he speaks for most Senators and oppsed MFP's Pita during his attempts to win the PM position in recent weeks.

  • Pheu Thai leader Dr Cholnan Srikaew stated over the weekend that the coalition is unlikely to attain enough support if its coalition includes parties which support plans to change the lese majeste law (royal insult law) (this is likely to be in reference to MFP).
  • The Pheu Thai leader indicated that talks with Senators would continue today and that they would report back to the other 7 parties of the coalition tomorrow. The 8 party coalition is expected to reach a conclusion tomorrow and Cholnan said it will be known by Thursday who the new PM nomination will be. Property tycoon Srettha Thavisin is seen as the most likely choice.
  • These moves come amid weekend protests supporting Pita and MFP. They have been peaceful at this stage.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.