US NOV FLASH MANUF PMI 48.8 (FCST: 48.9); OCT 48.5

MNI:Largest Canada New Home Price Dip Since `09 Led By Toronto

CANADIAN OCT FLASH RETAIL SALES +0.7%, 4TH STRAIGHT INCREASE

MNI China Daily Summary: Friday, November 22

MNI: PBOC Net Drains CNY345.9 Bln via OMO Friday

MNI BRIEF: Fed Should Explore Central Clearing At SRF-Hammack

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

EZ/UK Bond Supply Calendar: Gilt Syndi; IT, EU Due Monday

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL NOV INDEX 71.8

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

BCB Focus Survey Set To Be Released Next Tuesday

BRAZIL
  • The BCB have announced that the next Focus Survey with economist’s forecasts for inflation and growth will be released next Tuesday. This comes following a workers strike at the central bank that has delayed the previously scheduled releases.
  • Markets will be paying particular attention to the inflation projections within the survey both because of the time elapsed since the previous report and due to the most recent central bank rhetoric regarding the end of the tightening cycle.
  • According to the chief strategist at Banco Mizuho, the tone of BCB Chief Roberto Campos Neto’s presentation today was little changed from the last central bank meeting, when officials signaled the tightening cycle will likely end in May.
  • Similarly, the chief economist at Banco Haitong in Sao Paulo said the “BCB’s plan is to put an end to the cycle earlier than expected”.
  • This comes at a time where IPCA inflation printed 11.30% for March, above the estimated reading of 11.00% which will require close analysis from the Copom.
  • For reference, mid-month inflation data is scheduled for April 27 and the next Copom decision/statement will be on May 4.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.