MNI China Daily Summary: Wednesday, July 10

MNI BRIEF: China To Investigate EU Trade Actions

MNI BRIEF: China June CPI Hits Three Month Low

MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

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

MNI: PBOC Sets Yuan Parity Higher At 7.1342 Weds; -0.53% Y/Y

MNI: US MBA: MARKET COMPOSITE -0.2% SA THRU JUL 05 WK

US MBA: REFIS -2% SA; PURCH INDEX +1% SA THRU JULY 5 WK

Indeed Wages Tick Higher, But Future Revisions Are Likely

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

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

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

What to Watch:

MARKET INSIGHT

Markets maintain focus on any Russia/Ukraine developments on an otherwise calm end to a hectic week: limited data, some Fed speak, no Fed buy operations or Tsy auctions. March Tsy options expiring -- could provide some calm to lead quarterly futures as long as headline risk over Russia/Ukraine remains muted.

  • On data at 1000ET (prior, est):
    • Existing Home Sales (6.18M, 6.10M); MoM (-4.6%, -1.3%)
    • Leading Index (0.8%, 0.2%)
  • Fed Speaker lineup (StL Fed Bullard quiet after a busy week)
    • 1045ET Chicago Fed Evans, Fed Gov Waller, Booth policy forum, NY
    • 1100ET NY Fed Williams, eco outlook, w/ text/Q&A, NY City Univ
    • 1330ET Fed Gov Brainard, digital currency, Booth forum, text/Q&A
  • Geopolitical: After falling more than 2% Thu, SPX eminis bounced early overnight on reports US Sec of State Blinken will meet w/ Russian foreign minister Lavrov next week (providing Ukraine isn't invaded) in ongoing attempts to find diplomatic solution to tensions.
    • No time set: US Pres Biden To Hold Video Talks w/European Leaders Friday: AFP: AFP reporting that according to European sources, US President Joe Biden will hold video talks with European leaders on Friday to discuss the Ukraine crisis.
BulletMarketsFixed Income BulletsForeign Exchange BulletsHomepage
BulletMarketsFixed Income BulletsForeign Exchange BulletsHomepage

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.