MNI EM China Daily Summary: Monday, March 25

MNI BRIEF: China Expands Austrian Pork Import Scope

MNI BRIEF: China To Boost Consumption With Lower Mortgage Rate

MNI: PBOC Injects Net CNY40 Bln Via OMO Mon; Rates Unchanged

CHINA PBOC INJECTS CNY50 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.0996 Mon; -5.53% Y/Y

New Home Sales Steady, As Market Continues To Loosen

MNI: US FEB NEW HOME SALES -0.3% TO 0.662M SAAR

Week Ahead

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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In The Red

EQUITIES

A negative day for equity markets in the region with major bourses enduring substantial losses. Markets in Japan lead the way with the Nikkei 225 down around 3.5% at the time of writing and below the 28,000 marker. Markets in mainland China are also lower though selling has been less heavy, in South Korea the KOSPI is lower by around 1.2% despite another set of robust export data. In the US futures are lower, S&P 500 e-minis dropping through Friday's lows while e-mini Dow Jones see the heaviest selling.

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