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

MNI: US REDBOOK: MAR STORE SALES +3.9% V YR AGO MO

Services CPI Accelerates To 3.7% Y/Y In Line With MNI's Tracking

MNI: GERMANY MAR CPI +2.2% Y/Y

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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Global News and Data Calendar

MNI (Washington)
DateGMT/LocalImpactCountryEvent
10/8/20200130/0930***CNCPI
10/8/20200130/0930***CNProducer Price Index
10/8/20200545/0745**CHunemployment
10/8/20200600/0800*NOCPI Norway
10/8/20200630/0830**FRBoF Business survey
10/8/2020-***CNMoney Supply
10/8/2020-***CNNew Loans
10/8/2020-***CNSocial Financing
10/8/20201400/1000**USJOLTS quits Rate
10/8/20201400/1000**USJOLTS jobs opening level
10/8/20201500/1100**USNY Fed survey of consumer expectations
11/8/20202301/0001*UKBRC-KPMG Shop Sales Monitor
11/8/20200600/0700***UKLabour Market Survey
11/8/20200900/1100***DEZEW Current Conditions Index
11/8/20200900/1100***DEZEW Current Expectations Index
11/8/20201000/0600**USNFIB Small Business Optimism Index
11/8/2020-***CNMoney Supply
11/8/2020-***CNNew Loans
11/8/2020-***CNSocial Financing
11/8/20201215/0815**CAHousing Starts – CMHC (Canadian Mortgage and Housing Corp)
11/8/20201230/0830***USPPI
11/8/20201230/0830*CABuilding Permits
11/8/20201255/0855**USRedbook Retail Sales Index
11/8/20201500/1100USPresident Tom Barkin will speak in a webinar with the Center for Regional Economic Competitiveness.
11/8/20201600/1200USSan Francisco Fed's Mary Daly to speak at a "Professional Business Women of California, Annual Conference" and give a fireside chat. No prepared remarks expected. No media availability.
12/8/20200600/0700***UKGDP First Estimate
12/8/20200600/0700**UKTrade Balance
12/8/20200600/0700***UKIndex of Production
12/8/20200600/0700**UKIndex of Services
12/8/20200600/0700**UKOutput in the Construction Industry
12/8/20200730/0930***SEInflation report
12/8/20200800/1000***ITHICP (f)
12/8/20200900/1100**EUindustrial production
12/8/20201100/0700**USMBA weekly applications index
12/8/2020-***CNMoney Supply
12/8/2020-***CNNew Loans
12/8/2020-***CNSocial Financing
12/8/20201230/0830***USCPI
12/8/20201400/1000USBoston Fed President Eric Rosengren to speak with the South Shore Chamber of Commerce about the U.S. economy and current financial conditions. Audience Q&A. No media Q&A. Text expected.
12/8/20201430/1030**USDOE weekly crude oil stocks
12/8/20201500/1100USDallas Fed President Robert Kaplan to speak with the Lubbock Chamber of Commerce. Audience Q&A.
12/8/20201800/1400**USTreasury Budget
12/8/20201900/1500USSan Francisco Fed's Mary Daly to speak at an "Economic Club of Las Vegas: Virtual Event Series" event in a fireside chat moderated by President Ken Heck on the current status of the U.S. economy and the ongoing impacts of COVID-19. No prepared remarks expected. Livestream via YouTube Live. Group media interview immediately following the event.
12/8/20202200/1800USDallas Fed President Robert Kaplan to participate in a moderated discussion with the City of Houston's COVID-19 Relief and Recovery Czar and former Chairman and President of Shell Oil Company Marvin E. Odum. Conversation related to the COVID-19 pandemic, including: Houston's response to COVID-19, the Federal Reserve's monetary policy actions during the pandemic, and reopening the economy.
13/08/20202350/0850*JPCGPI
13/08/20200530/0730*FRunemployment
13/08/20200600/0800***DEHICP (f)
13/08/20200700/0900***ESHICP (f)
13/08/20201230/0830**USJobless Claims
13/08/20201230/0830**USimport/export price index
13/08/20201430/1030**USNatural Gas Stocks
13/08/20202030/1630**USFed Weekly Money Supply Data
14/08/20200200/1000***CNFixed-Asset Investment
14/08/20200645/0845***FRHICP (f)
14/08/20200900/1100***EUGDP (p)
14/08/20200900/1100*EUemployment
14/08/20200900/1100*EUtrade balance
14/08/20201230/0830**CAMonthly Survey of Manufacturing
14/08/20201230/0830**USPreliminary Non-Farm Productivity
14/08/20201230/0830***USRetail Sales
14/08/20201315/0915***USIndustrial Production
14/08/20201400/1000***USUniversity of Michigan Sentiment Index (p)
14/08/20201400/1000*USbusiness inventories
14/08/20201500/1100**USSt. Louis Fed Real GDP Nowcast
14/08/20201515/1115**USNY Fed GDP Nowcast
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
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MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
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