MNI BRIEF: China Auto Exports Hit Record High In March

MNI BRIEF: EU Gentiloni: FinMins Looking At More Flexible NGEU

MNI: PBOC Conducts Net CNY2 Bln Via OMO Tues; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0956 Tues; -4.88% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.0956 TUES VS 7.0947

MNI: ECB Q1 ENTERPRISE CREDIT STANDARD +3

Easter Timing Buoys March Food Retail Sales

MNI: UK BRC MAR BY VALUE SHOP SALES LFL +3.2% YY, TOTAL +3.5% YY

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

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Gov't Shutdown Risks Get "Real": Politico

US

Politico reports that a movement is afoot in Congress to ensure the federal gov't gets shut down this weekend:

  • "FRIDAY’S SHUTDOWN SHOWDOWN GETS REAL — Conservatives on both sides of the Capitol are privately plotting to force a government shutdown Friday in an effort to defund the Biden administration’s vaccine mandate on the private sector, multiple GOP sources told Playbook."
  • Little discernable market reaction on this- the immediate economic impact is seen as limited and market participants appear to expect any shutdown to be resolved relatively quickly.
  • But the situation bears watching as gov't shutdown deadline is 23:59:59 on Friday - failure to make a deal would throw further uncertainty into an already volatile market picture entering December (Fed tapering, Omicron variant among them).
HomepagePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.