MNI: PBOC Sets Yuan Parity Higher At 7.1148 Weds; +2.17% Y/Y

MNI BRIEF: Aussie GDP Grows 1% Y/Y Over Q2

MNI: PBOC Net Drains CNY276.6 Bln via OMO Wednesday

CHINA PBOC CONDUCTS CNY0.7 BLN VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1148 WEDS VS 7.1112

MNI China Daily Summary: Tuesday, September 3

Australia Q2 GDP +0.2% Q/Q

MNI: AUSTRALIA Q2 GDP +0.2% Q/Q

EZ/UK Bond Supply Calendar: 14/17-Year Bunds Due on Wednesday

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

UK: Week Ahead

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

Analysts Predict Further Adjustments To Banxico Statement Likely

MEXICO
  • Morgan Stanley: Bias Towards Banxico Changing Forward Guidance
    • Morgan Stanley see rates on hold at 11.25% and look for further dovish details in the statement. Their bias is that policymakers might change the forward guidance, hinting that we are getting closer to policy easing given that most members stressed in the minutes a willingness to cut in 1Q24.
  • Itaú: Expect Statement Tone To Shed More Light On Easing Timeline
    • Itaú expect Banxico to keep the reference rate at 11.25%. They expect the tone of the statement to shed more light on the timing of the start of the easing cycle next year.
    • November’s statement adjusted its forward guidance noting rates will remain unchanged for a certain period of time, instead of a prolonged period of time.
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.