MNI China Daily Summary: Thursday, April 18

MNI BRIEF: M2 Growth To Slow On Weak Demand - PBOC's Zou

MNI BRIEF: PBOC To Watch CNY Moves Closely - Vice Governor Zhu

MNI BRIEF: China Aims To Digitalise 70% Of Firms By 2025

MNI BRIEF: Q1 Cross Border Activity Up 117.8% - Ministry

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

MNI: EUROZONE FEB CONSTRUCTION OUTPUT +1.8% M/M, -0.4% Y/Y

Q1 Industry Survey Suggests H1 Growth Tailwind

Indonesian Sov Curve Flattens, Barclays See BI Cutting Next Week

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

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

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

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A broader risk-off theme, observed across.....>

FOREX
FOREX: A broader risk-off theme, observed across the FX space, remained in play
through today's data-light Asia-Pac session, although it moderated when Chinese
equities opened on the front foot, while the Nikkei 225 returned to positive
territory after a brief foray into the red. The yen eased off of best levels as
a result, but remained relatively firm.
- Sterling was comfortably the worst performer among the G10 currencies, as
Brexit-related uncertainty piled up over the weekend ahead of Tuesday's
meaningful vote, which is widely exp. to result in another defeat for the gov't.
- The Antipodeans edged lower vs. most of their G10 peers, on the back of the
aforementioned risk-off flows. CAD was also relatively weak, despite an uptick
in WTI prices.
- Fed Chair Powell spoke overnight, but offered little new re: MonPol, in a
similar manner to his previous address, made after hours on Friday.
- Focus today turns to German industrial output & trade balance, U.S. retail
sales & Norwegian CPI. Elsewhere, BoE's Haskel, Riksbank Dep Gov Ohlsson & Fed
Chair Powell are due to speak.
Energy BulletsCommodities
Energy BulletsCommodities

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