MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

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

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

MNI: US MAR PERSONAL INCOME +0.5%; NOM PCE +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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MNI BRIEF: 'True' CMU Needed To Transform Economy - Lagarde

(MNI) LONDON
(MNI) London

ECB president Christine Lagarde has renewed calls for the creation of a European capital market union, which she said would become a "vital tool" in financing the transformation of Europe's economy at a time when the need to do exceeds the capacities of fragmented financial markets.

"Europe is facing a series of common challenges, with the “three Ds” of deglobalisation, demographics and decarbonisation looming larger," she said Friday at the European Banking conference. "Addressing all these challenges at the same time will require a generational effort – and massive investment is needed in a short space of time [...] We will not succeed in these transitions if we don’t get CMU back on track."

MNI London Bureau | +44 20 3983 7894 | luke.heighton@marketnews.com
Central Bank NewsPrivate sectorPolicy NewsHomepageFiscalStoryRegionCEEMEAEurozoneEuropean Central Bank (ECB) Market NewsBriefEuropean Central BankRegulation
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MNI London Bureau | +44 20 3983 7894 | luke.heighton@marketnews.com
Central Bank NewsPrivate sectorPolicy NewsHomepageFiscalStoryRegionCEEMEAEurozoneEuropean Central Bank (ECB) Market NewsBriefEuropean Central BankRegulation
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