MNI China Daily Summary: Thursday, April 22

MNI BRIEF: China To Quicken Resolving Local Debt Risks

RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI BRIEF: Brazil CenBank Faces Greater Uncertainty - Campos

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

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

EZ/UK T-Bill Calendar: 3/6-Month ATB Auction on Tuesday

EZ/UK Bond Supply Calendar: EU, FI Synds; IT, DE Auctions Tues

MNI: CANADA MAR INDUSTRIAL PRICES +0.8% MOM; EX-ENERGY +0.8%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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Japan Jan Ind. Output -4.6% M/M; 1st Drop in 3 Mths

JAPAN DATA
MNI (Singapore)
  • Japan's industrial production dropped for the first time in three months by 4.6% m/m in January, led by machinery and automobile industries, due to the decreasing demands.
  • Shipments fell for the fifth consecutive month by 3.1% m/m, led by declines in the automobile industry and production machinery industry.
  • Inventories fell 0.9% from last month - the automobile industry made the largest contribution.
  • METI kept its assessment of production as "weak", and will continue to closely monitor the impact of the spread of the novel coronavirus on the domestic and foreign economies, the impact of supply shortages as well as rising prices.
  • METI sees production will rise 8.0% (revised up from 4.1%) in February before rising 0.7% in March.
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