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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Mixed Finish To The Week

EQUITIES

A mixed finish to the week for equity markets in the Asia-Pac region. In Japan the Nikkei 225 is modestly higher, the BoJ kept rates on hold as expected, while earlier in the session CPI beat estimates. In China the Shanghai Comp is lower, there were reports that Chinese apps could face subpoenas, or even bans, under a Biden executive order aimed at protecting private information. Markets in South Korea and Taiwan are just managing to keep their heads above water, buoyed by a positive lead from tech stocks on Wall Street. In the US futures are higher, the Nasdaq leading the way as tech stocks continue to outperform.

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