MNI EM China Daily Summary: Tuesday, March 26

MNI: PBOC Injects Net CNY145 Bln Via OMO Tues; Rates Unchanged

CHINA PBOC INJECTS CNY150 BILLION VIA 7-DAY REVERSE REPOS TUES

MNI: PBOC Sets Yuan Parity Lower At 7.0943 Tues; -4.76% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.0943 TUES VS 7.0996

MNI NBH WATCH: 75bp Cut Base Case As Rows Hit Risk Appetite

EZ/UK T-Bill Calendar: 26-Week GTB Auction on Wednesday

EZ/UK Bond Supply Calendar: Italy, Germany Auction on Wednesday

IFO Employment: Soft Labour Market, But Hiring Prospects Improving

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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Ottawa To Evacuate Families Of Embassy Staff From Ukraine

CANADA

The announcement today follows similar moves from the US, Germany, the UK, and Australia.

  • Ottawa has become more forceful in rhetoric towards Russia and last week announced a CAD$120 million aid package for Kyiv.
  • Prime Minister Justin Trudeau's cabinet is currently at a three-day virtual retreat and discussing the possibility of sending small arms to Ukraine.
  • Trudeau is expected to announce the cabinet's decision tomorrow.
  • The Canadian government announcement on the embassy withdrawal reads: 'The safety and security of Canadians, our personnel and their families at our missions abroad is our top priority. Due to the ongoing Russian military buildup and destabilizing activities in and around Ukraine, we have decided to temporarily withdraw Canadian embassy staff's children under 18 years of age and family members accompanying them.'
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