MNI China Daily Summary: Wednesday, June 19

MNI BRIEF: Rate Changes Affect Eurozone More Than US Firms-ECB

MNI BRIEF: BOJ May Real Export Index Drops 1.4% M/M

MNI BRIEF: PBOC, MOF To Promote Treasury Trades Progressively

MNI: PBOC Net Injects CNY276 Bln Via OMO Weds; Rates Unchanged

CHINA PBOC CONDUCTS CNY278 BILLION VIA 7-DAY REVERSE REPOS WEDS

US MBA: REFIS -0.4% SA; PURCH INDEX +2% SA THRU JUNE 14 WK

MNI: US MBA: MARKET COMPOSITE +0.9% SA THRU JUN 14 WK

MNI: EUROZONE APR CONSTRUCTION OUTPUT -0.2% M/M, -1.1% Y/Y

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

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Politico: WH's Meadows Reaches Out To Pelosi To Restart COVID Talks

US PRESS

Jake Sherman at Politico tweets "MEADOWS tells us his staff reached out to PELOSI to restart COVID relief talks."

  • Talks involving Congressional Democrats, led by House Speaker Nancy Pelosi (D-CA) and Senate Minority leader Chuck Schumer (D-NY), the Trump administration, represented by White House Chief of Staff Mark Meadows and Treasury Secretary Steve Mnuchin, and Congressional Republicans, led by Senate Majority leader Mitch McConnell (R-KY) broke down on August 8.
  • In an interview with Sherman, Meadows is quoted as saying ""I don't anticipate that we'll actually get a phone call [from Pelosi].", adding that he expects Pelosi to hold out to September 30, the deadline for a federal gov't shutdown.
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