MNI China Press Digest Aug 2: Hukou, Property, State Grid

MNI: PBOC Sets Yuan Parity Higher At 7.1376 Fri; -0.90% Y/Y

CHINA PBOC CONDUCTS CNY1.17 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1376 FRI VS 7.1323

MNI CNB WATCH: Cut Pace Slows To 25Bps, Price Pressures Remain

MNI BRIEF: China Steel Market To Remain Subdued In August

MNI: ITALY JUN INDUSTRIAL PRODUCTION +0.5% M/M ; -2.6% WDA Y/Y

Detailed Swiss July Data Suggests Lower Services Price Pressure

Industrial Production Rebounds Less Than Expected in June

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

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Slowing Inflation Boosts Rate-Cut Bets, MPs Resume Debate On Fiscal Austerity Package

CZECHIA
  • The koruna depreciated by 0.4% Tuesday as Czechia's inflation undershot market consensus and the CNB's forecast, fanning dovish interest-rate wagers and speculation that the central bank could start loosening monetary policy as soon as next month. The CNB commented that they expect inflation to "decline sharply close to the upper boundary of the tolerance band around the CNB’s 2% target at the start of next year".
  • The Chamber of Deputies resumes the final reading of the government's fiscal consolidation package today, with no specific time for the vote set as of yet. The opposition is trying to exploit all procedural loopholes to delay the vote, while the coalition intends to pass the package by the end of this week.
  • Prime Minister Petr Fiala is willing to support for moving the Czech embassy to Jerusalem, despite opposition from his Foreign Minister Jan Lipavsky and President Petr Pavel. Fiala suggested that the ruling coalition will discuss the matter soon.
  • Labour Minister Marian Jurecka will discuss automatic minimum wage adjustments at 09:30BST/10:30CEST, while the Cabinet will start its weekly meeting at 13:30BST/14:30CEST and may debate extending checks on the Slovakian border.
  • Hospodarske Noviny reports that Roman Liptak, a close associate and campaign staffer of former President Milos Zeman, has been hired as an adviser to CNB's Karina Kubelkova.
Political Risk BulletEM BulletHomepageBulletPolitical RiskEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.