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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US Inches Higher While European Indices Dip Into Close

EQUITIES
  • Wall Street followed futures into a higher open Tuesday, and managed to recover a mid-session dip lower to head into the close in the green. The US financials and communication services sectors were the outperformers as banks benefited from the re-steepening in the US curve, while healthcare and tech names were among the biggest losers of the day.
  • Stocks across Europe were less positive, with most indices slipping into the closing bell to finish with minor losses. underperformance was noted in the UK's FTSE-100, lower by 0.4%, while the EuroStoxx50 held most of its ground, just 2 points lower at the finish of trade.
  • The VIX touched a new multi-week low of 15.9 shortly after the opening bell, but pared losses to steer clear of a re-test of the August lows at 15.2 points.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
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MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
Homepagemarkets-real-timeEquitiesBank of America Market NewsBulletMarketsFixed Income BulletsForeign Exchange BulletsAT&T Market News

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