MNI BRIEF: China Aims For AI Standards By 2026

MNI China Press Digest July 2: PBOC, FDI, Land Revenue

MNI: PBOC Net Drains CNY298 Bln Via OMO Tues; Rates Unchanged

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

MNI: PBOC Sets Yuan Parity Higher At 7.1291 Tues; -0.09% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1291 TUES VS 7.1265

Euro-coin Nowcast Little Changed In June

Unemployment Rate Below Consensus in May, Employment Growth Solid

Flash Inflation In-Line With Tracking; Services Remain Sticky

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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Turning Lower To Start The Week

EQUITIES
  • Asian stocks closed mixed, with Japan's NIKKEI up 138.11 pts or +0.46% at 30156.03 and the TOPIX up 9.4 pts or +0.49% at 1938.35. China's SHANGHAI closed down 53.723 pts or -1.45% at 3642.445 and the HANG SENG ended 324.9 pts lower or -1.06% at 30319.83
  • European stocks are weaker, with the German Dax down 89.51 pts or -0.64% at 13829.65, FTSE 100 down 51.71 pts or -0.78% at 6600.48, CAC 40 down 34.94 pts or -0.61% at 5740.74 and Euro Stoxx 50 down 28.58 pts or -0.77% at 3667.46.
  • U.S. futures are lower, with the Dow Jones mini down 183 pts or -0.58% at 31250, S&P 500 mini down 28 pts or -0.72% at 3875, NASDAQ mini down 150.25 pts or -1.11% at 13425.75.
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