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MNI China Daily Summary: Friday, March 29

MNI: PBOC Injects Net CNY148 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0950 Fri; -4.70% Y/Y

CHINA PBOC INJECTS CNY150 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.0950 FRI VS 7.0948

MNI: US FEB PERSONAL INCOME +0.3%; NOM PCE +0.8%

HICP Tracking at 2.4%Y/Y - One tenth below consensus

HICP 2 tenths softer than expected, but partly on clothing prices

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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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Bulls Need Close Above 2018 High...>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Bulls Need Close Above 2018 High
* The Cnh6.5948 support confirmed significance in past weeks with an aggressive
bounce from ahead of this level that sees immediate focus back on 2018 highs. 
* Bulls look for a close above Cnh6.7895 to shift focus to Cnh6.8596 monthly
highs. 
* Bears continue to look for a close below Cnh6.6663 to ease bullish pressure
and below the 21-DMA now to shift focus back to Cnh6.5948. 
* Daily studies are well placed for a fresh leg higher.

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