MNI China Daily Summary: Tuesday, April 2

MNI BRIEF: China to Incentivise Equipment Upgrades, Trade-Ins

MNI: PBOC Drains Net CNY148 Bln Via OMO Tues; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0957 Tues; -4.95% Y/Y

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

CHINA SETS YUAN CENTRAL PARITY AT 7.0957 TUES VS 7.0938

Seasonally Adjusted CPI Series: Flat Core Goods, Higher Services

EZ/UK Bond Supply Calendar: Belgian 30Y USD and Bund Auction Weds

MNI: US BLS: JOLTS QUITS RATE 2.2% IN FEB

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

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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Colombian Minutes Due, Mexican Consumer Confidence Dips

LATAM
  • Mexican Consumer Confidence fell just short of expectations, dropping to 43.6 to 43.9. All components of the survey, from household confidence, to current and future conditions fell this month.
  • Minutes from the Colombian central bank cross later today, giving accounts for the June meeting at which the bank raised rates by 150bps to 7.50%.
  • In Chile, The elections board (Servel) is to explain the rules and regulations surrounding the upcoming referendum on the draft constitution posted by government yesterday. The vote is due to take place in September. Latest polling continues to suggest decent public opposition to the new write-up, which eyes more environmental protection, worker’s rights and public ownership rules.
  • On Argentina, markets continue to speculate over the suitability of the new economy minister, Batakis, who was confirmed late on Sunday. The initial view is that Batakis’ appointment is not market friendly, due to lack of experience in IMF negotiations, formulation of major economic policies and general preference for export taxation/FX controls.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
EM BulletHomepagemarkets-real-timeBulletEmerging Market News

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