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

MNI: PBOC Sets Yuan Parity Lower At 7.1025 Weds; -5.39% Y/Y

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

CHINA SETS YUAN CENTRAL PARITY AT 7.1025 WEDS VS 7.1028

MNI INTERVIEW: IMF's Adrian Warns Of Inflation Risk To Markets

MNI EM China Daily Summary: Tuesday, April 16

MNI BRIEF: Japan March Exports Hit 4th Straight Rise

Japan Mar Exports +7.3% Y/Y; Imports -4.9% Y/Y

MNI: JAPAN MARCH EXPORTS +7.3% Y/Y; FEB +7.8%

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

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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Equity Roundup: Microsoft Soars vs. Hard Landing for Boeing

US STOCKS
SPX eminis pared earlier gains, rebounding (+0.43%) to middle session range as latest earning cycle roils market: Sharp >3% drop late Tue on Alphabet earnings/revenue miss. Emini's loosely following Microsoft as shares dip on profit taking (MSFT +13.47 at 283.73 vs. 286.35, high while Boeing (BA) getting hit (-19.30 at 147.74) on $1.5B loss, weaker revenues.
  • Heavy earnings docket continues after the close: Invitation Homes (INVH), Raymond James (RJF), Qualcomm (QCOM), Amgen (AMGN), PayPal (PYPL) to name a few.
  • Technicals: Fresh short-term lows confirm a resumption of the current downtrend and signal scope for a continuation of this theme. ESM2 currently +24.25 points (0.58%) at 4194.25, well above key short term support of 4136.75 (Low Apr 26). Initial upside resistance: 4303.50/4355.50 High Apr 26 / Low Apr 18.
  • SPX leading/lagging sectors: Information Technology (+2.04%) lead by software and services (MSFT +4.4%). Materials (+1.45%).
  • Laggers: Communication Services (-2.18%) weighed by Warner Bros (-5.75%) and Google (-4.48%) carry-over weakness.
  • Meanwhile, Dow Industrials currently trades + 133.22 points (0.4%) at 33369.76, Nasdaq +66.6 points (0.5%) at 12556.65.
  • Dow Industrials Leaders/Laggers: Visa surging +15.03 at 216.13, aforementioned MSFT near session high of 286.35 on heavy volumes. Boeing leads laggers on heavy volume, American Express -2.23 at 176.42.
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