MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI BRIEF: Foreign Firms Content In China

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

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

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Plans to Raise Benefits Delayed as Key Vote Postponed

BRAZIL
  • Goldman Sachs raised its expectations for real GDP growth across Brazil for this year to 2.1% from 1.6%, with significant increases in fiscal stimulus behind the change. Countering this, GS downgraded their 2023 view to 0.7% from 0.8%.
  • Late yesterday, the Lower House speaker Lira postponed the vote on the social aid constitutional amendment bill to July 12th, citing a lack of quorum. Folha reports that a failure in the passage of the bill would threaten plans to expand benefits during this election year.
  • IBGE inflation data crosses later today, expected to show another uptick in CPI to 0.71% M/M and 11.94% Y/Y.
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