MNI China Daily Summary: Thursday, April 22

MNI BRIEF: China To Quicken Resolving Local Debt Risks

RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI BRIEF: Brazil CenBank Faces Greater Uncertainty - Campos

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

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

EZ/UK T-Bill Calendar: 3/6-Month ATB Auction on Tuesday

EZ/UK Bond Supply Calendar: EU, FI Synds; IT, DE Auctions Tues

MNI: CANADA MAR INDUSTRIAL PRICES +0.8% MOM; EX-ENERGY +0.8%

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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Biden And Macron Had "Detailed Discussion" On Inflation Reduction Act

US-EU

US President Joe Biden has told reporters that he had a "detailed discussion" with French President Emmanuel Macron on the Inflation Reduction Act in their bilateral meeting at the White House.

  • Macron: "We had an excellent discussion on the IRA and the recent pieces of legislation adopted by the American administration and like President Biden just said, we agreed to resynchronise our approaches in order to invest in critical emerging industries - semiconductors, batteries, hydrogen - everything that is absolutely decisive because as a matter of fact we share the same vision..."
  • Biden and Macron both agreed to task teams to continue work to find solutions to European objections to the legislation.
  • Macron says that both Presidents wish to "create more industrial jobs in the long run" for their countries.
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HomepagePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange BulletsPolitical Market News

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