MNI BRIEF: China to Incentivise Equipment Upgrades, Trade-Ins

MNI: PBOC Drains Net CNY148 Bln Via OMO Tues; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0957 Tues; -4.95% Y/Y

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

CHINA SETS YUAN CENTRAL PARITY AT 7.0957 TUES VS 7.0938

MNI China Daily Summary: Monday, April 1

NBP Watch

MNI Projects Soft National CPI M/M Print, But Core Disinflation Slow

UK MAR MANUFACTURING PMI 50.3 (FLASH 49.9); FEB 47.5

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

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

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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Off Overnight Lows

EQUITIES
  • Asian markets closed weaker: Japan's NIKKEI closed down 461.26 pts or -1.71% at 26449.61 and the TOPIX ended 29.6 pts lower or -1.55% at 1881.08. China's SHANGHAI closed down 33.466 pts or -0.96% at 3457.146 and the HANG SENG ended 650.07 pts lower or -2.69% at 23520
  • European equities are weaker, with the German Dax down 193.23 pts or -1.31% at 14731.12, FTSE 100 down 33.05 pts or -0.44% at 7484.33, CAC 40 down 60.38 pts or -0.89% at 6788.34 and Euro Stoxx 50 down 44.48 pts or -1.12% at 3985.71.
  • U.S. futures are also sharply lower, with the Dow Jones mini down 351 pts or -1.03% at 33657, S&P 500 mini down 50.75 pts or -1.17% at 4293, NASDAQ mini down 269.25 pts or -1.92% at 13727.
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