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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Continental Stocks Stabilise, But Still Signs of US Weakness

EQUITIES
  • After a volatile Monday/Tuesday session, European equity markets have stabilised ahead of the Wednesday open, with UK's FTSE-100 leading the bounce to trade higher by 0.6%. The EuroStoxx50 is the laggard, off around 0.1%.
  • Despite better performance in Europe, US markets are more fragile, with tech again a cause for concern as the NASDAQ futures points to a lower open of around 0.5% or so.
  • Across Europe, tech is the weakest sector, with financials also trading soft. Utilities and staples are the firmest so far, confirming the cautious tone despite higher headline indices.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
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