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: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

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

MNI: PBOC Sets Yuan Parity Lower At 7.1043 Mon; -4.74% Y/Y

NBH Data Watch

INDON Sov Curve Flatter, Trade Surplus Soars, BI Decision Wednesday

MNI: BAKER HUGHES US RIG COUNT 619; OIL RIGS 511; GAS RIGS 106

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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MNI POLITICAL RISK - US Daily Brief

US
  • The White House has downplayed the risk of a federal government debt default and continues to maintain that the White House will not negotiate with Republicans on government spending.
  • Most political analysts consider the prospect of a default unthinkable, but the primary unknown right now is the extent to which a group of conservative House Republicans are willing to push Democrats on concessions.
  • The Ukraine Contact Group meeting is underway at the US Ramstein Air Base in Germany with defence representatives from around 50 countries debating the pros and cons of dispatching main battle tanks to Ukraine.
  • Freshman Republican House Rep George Santos (R-NY) is unlikely to face censure despite calls from Republicans and Democrats for him to resign.
  • Poll of the Day: President Biden's approval rating sinks as the controversy surrounding his handling of classified documents bites with voters.

Full article: https://roar-assets-auto.rbl.ms/files/50794/MNI%20...

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