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

MNI: UK BOE JUN MORTGAGE APPROVALS 59,976

MNI: UK JUN M4 MONEY SUPPLY +0.5% M/M, +1% Y/Y

Riksbank Shouldn’t Place Too Much Weight On The Q2 GDP Indicator

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

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Small Group Biden-Putin Meeting Over, Larger Meeting To Start Soon

US-RUSSIA

The initial 'small meeting' at the US-Russia summit involving just Presidents Biden and Putin alongside US Secretary of State Anthony Blinken and his Russian counterpart Sergey Lavrov has concluded according to RIA after nearly 2 hours.

  • A larger group meeting is next on the agenda, with US National Security Advisor Jake Sullivan, US Ambassador to Russia John Sullivan, the State Dept's Victoria Nuland and National Security Council's Eric Green joining the US team, while Putin is joined by Ambassador to the US Anatoly Antonov and Special Rep for Syria Alexander Lavrentyev.
  • The White House has gone to some lengths to deny that President Biden nodded in the affirmative to a question shouted by a reporter asking if he trusted President Putin, with WH Press Sec Jen Psaki stating that in the 'chaos' of the media scrum around the two leaders, Biden was not specifically responding to that question posed.
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