MNI BRIEF: China March M2 Slows More Than Expected

MNI China Daily Summary: Friday, April 12

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: PBOC Injects Net CNY2 Bln Via OMO Fri; Rates Unchanged

CHINA END-MAR M2 +8.3% Y/Y VS MEDIAN +8.8%; END-FEB +8.7% Y/Y

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

Final March Inflation Reading Confirms Softening Core Dynamics

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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Schumer To McConnell: Rein In Conservatives To Avoid Shutdown 'Chaos'

US

Senate majority leader Chuck Schumer (D-NY) calls on minority leader Mitch McConnell (R-KY) to rein in conservative GOP senators in order to avoid a gov't shutdown: "We’re talking to McConnell. We’re making good progress. And look - Any small group of members can say they want to shut down the govt for something they believe is right. We'll have total chaos. It's up to the leaders on both sides to make sure that doesn’t happen”

  • If a deal on a continuing resolution isn't reached by 23:59:59 on Friday 3 December, the federal gov't will shutdown without funding, with federal employees going on furlough.
  • Conservative Republicans seen to be using shutdown as a method by which to defund gov'ts ability to enact vaccine mandates in the private sector.
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