MNI China Daily Summary: Wednesday, April 17

MNI BRIEF: China To Quicken Project Construction - NDRC

MNI BRIEF:ECB Unifies Interest On Non-Monetary Policy Deposits

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

MNI: PBOC Sets Yuan Parity Lower At 7.1025 Weds; -5.39% Y/Y

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

March Final HICP Data Suggests “Easter Effects” Limited To Airfares

MNI: US MBA: MARKET COMPOSITE +3.3% SA THRU APR 12 WK

US MBA: REFIS +0.5% SA; PURCH INDEX +5% SA THRU APRIL 12 WK

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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Kyiv Says It Has No Update On Grain Deal, Turkey Calls On Parties To Renew Agreement

UKRAINE

Ukraine's Infrastructure Ministry said it has no update on any grain deal extension, while Turkey's Defence Ministry called on parties to renew the agreement after TASS news agency cited a Russian official as suggesting that the deal has been extended by 60 days.

  • A spokesperson for the Ukrainian Infrastructure Ministry said that Kyiv had no update on the grain deal, while a senior Ukrainian government official told Reuters that the country was planning to "strictly" follow the terms of a 120-day extension of the deal signed last year.
  • Turkish Defence Ministry commented in a statement that Ankara continues talks to renew the Black Sea Grain Initiative "in accordance with the agreement while taking into account the parties' demands," adding that Russia supports a 60-day extension.
  • Russia said this morning that it has agreed to renew the agreement for 60 days but admitted that "formally, negotiations on the deal are ongoing" and for now "nothing changes for us, we will work hard and force our partners to fulfill their obligations."
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