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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Oct. Payrolls Seen +85k; Likely.....>

US DATA PREVIEW
MNI (London)
US DATA PREVIEW: Oct. Payrolls Seen +85k; Likely to Slow on Mfg
----------------------------------------------------------------
- Oct. payrolls expected +85k BBG vs +136k Sept. 
- Weakness in mfg and services employment should hold down headline number. IHS
Flash PMI employment subindex seen falling at fastest pace since Dec 2009; ISM
Mfg index expected to remain in contractionary territory 
- Workers on strike rose to 47,700 Oct. vs 1,700 Sept. due to GM-UAW strike, and
should act as temporary drag on mfg and auto services payrolls 
- Private payrolls expected +80k BBG vs 114k Sept. But ADP seen +125k Oct. vs
135k Sept. when markets had expected +110 increase - Waning but still-strong
consumer confidence and low unemployment should prop up labor market this month.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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