MNI: PBOC Net Drains CNY203.9 Bln Via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1358 Weds; -0.98% Y/Y

CHINA PBOC CONDUCTS CNY66.1 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1358 WEDS VS 7.1334

MNI BRIEF: China Wants U.S. Firms To Deepen Investment

MNI China Daily Summary: Tuesday, July 23

Market round-up post PMIs

PMIs indicate solid growth; less cost pressures from wage increases

MNI: UK JUL FLASH MANUFACTURING PMI 51.8 (FCST 51.0); JUN 50.9

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

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

War Effort Adding to Labour Shortage; Macroeconomic Data on the Docket

RUSSIA
  • President Putin’s drive to expand Russia’s armed forces is adding to labour shortages, Bloomberg report. Federal Statistics Service data suggest a net increase in the military last year of approximately 400,000 amid already record-low unemployment, Bloomberg Economics estimates, after Putin ordered the call-up of 300,000 reservists. The Kremlin is now seeking 400,000 more contract recruits this year to fight in Ukraine as Putin digs in for a long fight, according to people familiar with the plan.
  • Russian Security Council Secretary Nikolay Patrushev arrived in India on a working visit on Wednesday, TASS news service reports. "In New Delhi, Nikolay Patrushev is taking part in an annual meeting of security council secretaries from member states of the Shanghai Cooperation Organizaiton," the press service of the Council’s administration said.
  • A slew of macroeconomic data is on the docket today, including: current account balance data (Prior: $31.4b), industrial production data (Est: -1.5% y/y), retail sales data (Est: -8.0% y/y) and the unemployment rate (Prior: 3.6%). All data crosses at 1700BST/1900 local time.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.