MNI BRIEF: China April Data Shows Insufficient Demand - NBS

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

MNI: PBOC Sets Yuan Parity Higher At 7.1045 Fri; -3.53% Y/Y

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

CHINA SETS YUAN CENTRAL PARITY AT 7.1045 FRI VS 7.1020

MNI China Daily Summary: Thursday, May 16

CHINA APR INDUSTRIAL OUTPUT +6.7% Y/Y VS MEDIAN +5.4% Y/Y: NBS

US EIA:NAT GAS STORAGE +70 BCF TO 2,633 BCF MAY 10 WK

MNI: US APR INDUSTRIAL PROD +0.0%; CAP UTIL 78.4%

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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Activity data due at 7:00GMT

UK DATA
  • UK activity data due is due at 7:00GMT (including monthly GDP) and is expected to show a bit of a rebound after the weak -0.2%M/M October print.
  • Analyst previews see a pretty symmetrical distribution around +0.2%M/M while all of the subcomponents are expected to post small positive numbers.
  • This will be the last print before the MPC’s February meeting which is unanimously expected to see Bank Rate remain at 5.25%, but will likely have little influence on the vote breakdown. Next week's inflation and labour market data could potentially see more impact.
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