MNI China Daily Summary: Tuesday, June 4

RPT-MNI INTERVIEW: High Fed Rates Keeping A Lid On Factories-ISM

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

MNI: PBOC Sets Yuan Parity Lower At 7.1083 Tues; -1.77% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1083 TUES VS 7.1086

Latest Data Sends Mixed Labour Market Signals

MNI: GERMANY MAY UE RATE (SA) 5.9% (FCST 5.9%); APR 5.9%

NBP Data Watch

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

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

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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

PM To Address Conservative MPs At 1730GMT As COVID-19 Rebellion Looms

UK

Harry Yorke at The Daily Telegraph reports that PM Boris Johnson will address the 1922 Committee, formed of backbench (non-governmental) Conservative MPs, at 1730GMT ahead of this evening's vote on COVID-19 'Plan B' measures.

  • The COVID-19 measures include the use of 'vaccine passports' to enter large events, with negative tests or proof of previous infection no longer accepted. This move has proved controversial among Conservative MPs, with 85 stating that they will vote against the measures.
  • The opposition Labour party has stated that it would vote in favour of the measures, meaning they will pass without issue. However, the size of the Conservative rebellion (nearly a quarter of all Conservative MPs) will come as a major concern for PM Johnson, already under major pressure following weeks of negative headlines.
  • Should the rebellion exceed Johnson's working majority of 79 it would put him in a precarious position, with internal opponents aware that his gov't could lose votes on legislation or a vote of confidence.
Homepagemarkets-real-timePolitical Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets
Homepagemarkets-real-timePolitical Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.