MNI China Daily Summary: Wednesday, July 10

MNI BRIEF: China To Investigate EU Trade Actions

MNI BRIEF: China June CPI Hits Three Month Low

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

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

MNI: PBOC Sets Yuan Parity Higher At 7.1342 Weds; -0.53% Y/Y

Indeed Wages Tick Higher, But Future Revisions Are Likely

ITALY MAY INDUSTRIAL PRODUCTION +0.5% M/M ; -3.3% WDA Y/Y

Contrasting Momentum Dynamics Underscore Need For July Data

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

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

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### POV - Despite warnings from the......>

DOLLAR-YEN
DOLLAR-YEN: ### POV - Despite warnings from the North Korea Foreign Minister on
Monday that President Trump's recent comments were a declaration of war,
dollar-yen has staged an impressive recovery to Y113.02.
As Geopolitical concerns remain in the background, attention turns to PM Abe's
decision to call a snap election, this should be confirmed for October 22 with
the dissolution of parliament on Thursday.
With the main opposition Democratic Party in chaos and currently struggling with
low poll ratings, PM Abe announced a Y2tn stimulus package and is also trying to
force through a contentious shift in Japan's war defence policy. Whilst we await
further details, an Abe victory in many eyes would be seen as moderately yen
bearish should Governor Kuroda accept a second term.
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