MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

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

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

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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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Bid As Mild Risk-On Tone Develops

NZD

NZD/USD prints at $0.6266, ~0.2% firmer in today's trade.


  • The NZD has firmed in early trading as USD gives up some of yesterday's gains, the pair is back above its 200-day EMA.
  • AUD/NZD is ~0.2% firmer as bulls look to test $1.08 handle. NZD/JPY is ~0.2% firmer, last printing at ¥82.05.
  • In the absence of macro headline driver cross asset flows point to a mild risk-on tone developing, BBDXY is down ~0.1% and e-minis are up ~0.1%.
  • In today's NY session Dec CoreLogic House Prices will come onto the wires, there is no estimate, the prior reading was -2.9%.
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