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

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/UK: Ben Wallace Will Warn Putin's Generals Of Sanctions (Times)

RUSSIA

UK Defence Secretary Ben Wallace will use his visit to Moscow on Friday to outline a fresh package of sanctions that could be imposed if Russia does not step back from the brink of war with Ukraine, the Times reported.

  • "Ben Wallace will make clear the heavy cost attached to an invasion of Ukraine, telling General Sergey Shoigu, the Russian defence minister, that such a move would be a “lose-lose” situation."
  • Wallace will be accompanied by Admiral Sir Tony Radakin, the British Chief of Defence Staff, who will speak with his Russian counterpart Valery Gerasimov.
  • A UK defence source told the Times that Wallace and Radakin "could be the last people in," with no more high-level diplomatic talks with Moscow scheduled at the moment.
EM BulletHomepagePolitical RiskEmerging Market NewsPolitical Risk BulletBank Of England (BOE) Market NewsBulletUKMarketsFixed Income BulletsForeign Exchange Bullets
EM BulletHomepagePolitical RiskEmerging Market NewsPolitical Risk BulletBank Of England (BOE) Market NewsBulletUKMarketsFixed Income BulletsForeign Exchange Bullets

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