MNI: China CFETS Yuan Index Up 0.40% In Week of Jun 14

MNI: PBOC Conducts CNY182 Bln Via 1Y MLF Mon; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1149 Mon; -1.41% Y/Y

CHINA PBOC CONDUCTS CNY4 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1149 MON VS 7.1151

BRIEF: EU Says Engaging With China Over EV Trade Dispute

Japan Apr Machine Orders -2.9% M/M

CHINA MAY INDUSTRIAL OUTPUT +5.6% Y/Y VS MEDIAN +5.9% Y/Y: NBS

MNI JAPAN APRIL CORE MACHINE ORDERS -2.9% M/M; MAR +2.9%

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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Powell Questioned On The Fed's Action Following the SVB Presentation

FED
  • Q: What did the Fed do in the wake of the SVB presentation in February re interest rate risks, and do you think mon pol and supervision can be handled with different tools?
  • A: It was a general presentation about interest rate risks in the banks. And there was one page on SVB; but wasn't presented as an urgent or alarming situation. They are pointing out something and they are on the case.
  • The separation principle is very useful, but ultimately has its limits. In this case mon pol tools and fin stab tools are not in conflict (bank lending facilities, etc).
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