MNI China Daily Summary: Monday, July 29

MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

CBI Retail Sales Fell Faster Than Expected For The Second Month

MNI: UK CBI JUL DIST TRADE REPORTED SALES -43

MNI: UK BOE JUN MORTGAGE APPROVALS 59,976

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

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Q2 Trade Deficit Broadly Flat On Q1.........>

UK DATA
UK DATA: Q2 Trade Deficit Broadly Flat On Q1
-UK Jun Total Trade Deficit Stg4.564bn; Widens From Stg2.516bn in May
-UK Jun Global Goods Trade Deficit Stg12.722bn Vs Stg11.306bn in May 
-UK Jun Non-EU Deficit Stg4.471bn Vs Stg3.493bn in May
-UK Q2 Net Trade Contributes Zero To Q2 GDP 
---------------------------------------------------------------
The total trade deficit expanded in June to hit its widest level since 
August 2016, with the goods component the widest since September last 
year. On a crude estimate, excluding price effects, these data suggest 
that trade will neither add nor subtract to Q2 GDP. The figures add to 
the evidence that sterling weakness has not resulted in any persistent 
narrowing of the trade gap, with imports in June hitting their highest 
level in current prices on record. The total trade deficit in the second 
quarter was just over stg0.1 billion wider at stg8.944 billion.
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