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: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

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

MNI: US MAR PERSONAL INCOME +0.5%; NOM PCE +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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NSC Kirby: Time To Make Sure US-Saudi Relat'ship In Nat Interest

WHITE HOUSE

White House Coordinator for Strategic Communications at the National Security Council John Kirby has confirmed that the White House will evaluate the US-Saudi relations but says the White House won't be announcing a formal policy review.

  • Kirby: "[President] Biden believes it is time to make sure the US-Saudi relationship is serving US national interest."
  • Kirby: "The oil output cut was a decision made by OPEC+ but clearly Saudi Arabia is the leader of the organisation [...] We thought it was a short sighted decision and that it benefited Russia."
  • On the statement from Senator Bob Menendez (D-NJ) calling for the US to "freeze cooperation" with Saudi Arabia, Kirby said: "I'm not aware of any heads up that we received before Sen. Menendez came out with that call. I can only tell you that the president believes it’s time to take another look at this relationship."
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CommoditiesHomepagePolitical RiskPolitical Risk BulletEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange BulletsUSPolitical Market News

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