MNI China Press Digest Mar 22: Autos, Local Gov, Real-Estate

MNI: PBOC Drains Net CNY11 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1004 Fri; -4.29% Y/Y

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

CHINA SETS YUAN CENTRAL PARITY AT 7.1004 FRI VS 7.0942

MNI: BANXICO CUTS TARGET RATE BY 25 BPS TO 11%

MNI: GERMANY MAR IFO BUSINESS CLIMATE INDEX 87.8

Retail sales data to have little impact on the MPC or markets

Retail sales better than expected M/M

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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Powell's text has little new in it; the.........>

FED
FED: Powell's text has little new in it; the coronavirus risk mentions which
most were looking for were scant (though he inevitably had to say something
about it). Note that Powell had a lot more to say about it in the post-Jan FOMC
press conference Q&A, but sandwiched around a passage about a cautiously
optimistic view on the global economy. Key question is, has that changed in the
last two weeks? Expect at least a question or two about it in the testimony.
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