MNI BRIEF: China To Step Up Macroeconomic Policies - Politburo

MNI: PBOC Net Drains CNY51.03 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1364 Tues; -1.28% Y/Y

CHINA PBOC CONDUCTS CNY216.27 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1364 TUES VS 7.1316

MNI China Daily Summary: Monday, July 29

MNI: EUROZONE Q2 PRELIM FLASH GDP +0.6% Y/Y

MNI: EUROZONE Q2 FLASH GDP +0.3% Q/Q

MNI: NORTH RHINE WESTPHALIA CPI +0.3% M/M, +2.3% Y/Y

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

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Politico: EU Holds Back On Retaliation Package Against UK

EU-UK

Hans von der Burchard at Politico tweets: "New — The European Commission is temporarily holding the fire on a retaliation package against Britain as it hopes for positive developments in Northern Ireland talks this week. The presentation of draft sanctions package to EU countries was previously announced for this week."

  • Commission VP Maros Sefcovic and UK Cabinet Office minister Lord Frost are due to meet in Brussels at the end of the week to discuss issues with the Northern Ireland protocol. EU hoping the UK steps back from invoking Art.16 of the protocol, which would disapply rules and risk major escalation in sanctions from EU.
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