MNI China Daily Summary: Tuesday, June 11

MNI BRIEF: China SME Index Down Slightly In May

MNI: PBOC Net Drains CNY2 Bln Via OMO Tues; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1135 Tues; -1.61% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1135 TUES VS 7.1106

US NFIB MAY SMALL BUSINESS INDEX 90.5

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

Pay data sticky in finance, business and manufacturing

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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REPEAT: MNI POLICY: BOJ Sees Export Uptrend after Aug Data 

Repeats Story Initially Transmitted at 05:34 GMT Sep 19/01:34 EST Sep 19
     TOKYO (MNI) - The Bank of Japan will maintain its assessment that Japanese
exports are on an uptrend as the Ministry of Finance's trade data released
Wednesday showed Japanese exports rose 6.6% on year in August for the 21st
straight y/y rise.
     The trade data showed that global demand for Japanese cars, electronics and
machines remained solid despite the U.S.-China trade dispute.
     BOJ economists think the uncertainties over global growth are increasing in
the wake of the trade friction but they don't expect global demand to shrink
drastically in the near term.
     However, BOJ economists remain vigilant against the risks that Japanese
exports and industrial production will lose momentum, which in turn will prompt
firms to delay the implementation of capital investment.
     The next key piece of data is the Bank of Japan's real trade indexes for
August due out at 1400 JST (0500 GMT) on Wednesday.
     The real export index posted the first month-on-month rise in three months
in July, up 0.3% after falling 0.5% in June.
--MNI Tokyo Bureau; tel: +81 90-4670-5309; email: max.sato@marketnews.com
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