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CHINA PBOC CONDUCTS CNY358.05 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1270 FRI VS 7.1321

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MNI JAPAN JULY TOKYO CORE CPI +2.2% Y/Y; JUNE +2.1%

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Presidency Swiftly Rejects Offer Of 'Austria/Sweden Neutrality Model'

UKRAINE

AFP reporting that the Ukrainian presidency has swiftly rejected the 'offer' from Moscow of an Austria/Sweden-style neutrality model.

  • Zelensky spox: 'Ukraine could agree to what Russians call "neutral status" but according to the Ukrainian model. That means legally verified security guarantees: in case of war signatories provide weapons and air defense immediately without bureaucratic procedures or conditions. In case of war "the signatories of the guarantees are officially providing immediate supplies of weapons... Ukraine no longer wants to depend on bureaucratic procedures... We need direct and strict guarantees that the sky will be closed,"
  • Zelensky expected to reiterate call for a no-fly zone over Ukraine in speech later today to the US Congress.
Energy BulletsCommoditiesPolitical Market News
Energy BulletsCommoditiesPolitical Market News

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