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: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

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

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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Russia Claim Further Advances Along the Front Line in Ukraine

RUSSIA
  • Russia claimed further advances along the front line in Ukraine, as Western intelligence said the Kremlin's forces have strengthened defensive positions in the country's southern Zaporizhzhia region in recent weeks, the Wall Street Journal report. The Russian Defense Ministry said on Monday that its troops pushed forward "a few kilometers," breaking through Ukrainian resistance at the front line. Kyiv didn't immediately respond to a request for comment on Russia's alleged advances.
  • Russian gasoil shipments to the Middle East and Asia have surged to the highest in six months after the EU ban on seaborne imports, according to data from Kpler compiled by Bloomberg. Exports are at ~453k tons so far in February, up ~60% m/m with almost a third of shipments headed for Saudi Arabia.
  • President Putin will hold an annual meeting with judges this afternoon. There are no other speakers or data releases scheduled.
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