MNI: POWELL SAYS PCE INFLATION CAME IN LINE WITH EXPECTATIONS

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

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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EURUSD Dips To Fresh Session Lows Amid Likely Italian Govt Collapse

EUR
  • The Euro is coming under some renewed pressure in recent trade and has momentarily dipped below the day's lows at 74 to print 1.0169.
  • The weakness has been prompted following the slew of Italian headlines, which looks more and more likely to leave the Italian government on the cusp of collapse.
  • Undoubtedly an added headwind for the single currency, it may be unlikely to garner very significant follow through ahead of tomorrow’s ECB decision. However, for reference, initial tech support resides at 1.0120, Tuesday’s intra-day low.
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