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 PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.0967 FRI VS 7.0968

MNI China Press Digest April 12: CPI, Upgrades, Hainan

MNI BRIEF: BOK Holds Policy Rate At 3.50% - Press

MNI: UK FEB TRADE BALANCE GBP -2.29BN

MNI: UK FEB IND PROD +1.2% M/M, +1.4% Y/Y

MNI: UK FEB SERVICES INDEX +0.1% M/M, +0.2% 3MM

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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Times: Treasury Says No Emergency Budget Incoming

UK

Steven Swinford at The Times tweets: "Treasury categoric that there is no emergency Budget coming Treasury spox: 'The Budget timetables will be set out in the usual way. There will be no emergency Budget' Not clear what Boris Johnson was referring to when he talked about cost of living intervention in coming days"

  • Comes after PM Boris Johnson stated in the Commons that "The cost of the pandemic has been huge...we will continue to use all our ingenuity and compassion for as long as it takes. And the Chancellor and I will be saying more about this in the coming days." Last comment seen by some of a sign of new measures designed to tackle inflationary pressure.
  • Dan O'Donoghue at Manchester Evening News tweets potential meaning of Johnson's comment, that it was, "likely in reference to Queen's Speech debate on Tuesday. If it's anything like QS briefing paper, will be a long summary of action already taken, rather than new measures"
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