MNI China Daily Summary: Wednesday, March 20

MNI BRIEF: PBOC To Facilitate Cross-border Financial Data Flow

MNI BRIEF: Swap Connect Quotas Currently Sufficient - PBOC

MNI: PBOC Conducts CNY3 Bln Via OMO Weds; Rates Unchanged

CHINA PBOC INJECTS CNY3 BILLION VIA 7-DAY REVERSE REPOS WEDS

MNI China Press Digest March 20: M&A, Consumer Rights, FDI

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

CBR Data Watch

US MBA: REFIS -3% SA; PURCH INDEX -1% SA THRU MARCH 15 WK

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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GDP Contracts 2.3% YoY In Q1

HUNGARY
  • Covid daily new cases continue to decrease with the 7D SMA falling below 900 (lowest level since early October), down from 9,300 (March 26 high) and from 1,200 the previous week. The number of people who received at least one dose of the Covid vaccines surpassed 4.6mil this week (46% of the population).
  • Yesterday, NBH deputy governor Barnabas Virag mentioned in a briefing that inflation risks have risen and that the central bank should prepare for rate hike to curb inflationary pressures; June CPI will be 'key' in policy turn.
  • This morning, economic data showed that GDP growth fell 2.3% YoY in the first quarter, which was slightly better than the -3.8% expected.
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