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

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

State of Emergency to Be Declared in Coming Days

SOUTH AFRICA
  • Ramaphosa is expected to declare a national state of emergency in the coming days in an effort to gain more control over the rolling loadshedding that’s causing persistent power outages across the country. Ramaphosa is seen addressing the nation within the coming days and will outline his plans to steady the grid.
  • Fin24 reports on the planned SARS strikes, with unions set to resume their labour action against the revenue service after terms were not reached on a pay deal. The unions behind the action cited the success of the recent Eskom wildcat strikes while rejecting the proposed 1.39% pay rise.
  • Late yesterday in an interview with Bloomberg, the Labour Minister Nxesi outlined plans to add as many as 2 million new jobs before the next wave of elections in 2024. Nxesi noted planned policy amendments to prioritize South Africans’ access to jobs over foreign nationals with the same skills, he said. He added that reducing undocumented immigration will be vital to addressing unemployment.
  • Manufacturing production data takes focus going forward, expected at 1.5% on a M/M basis and -2.6% on the year.
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
EM BulletHomepagemarkets-real-timeBulletEmerging 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.