MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

US NFIB NOV SMALL BUSINESS INDEX 101.7

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

August Economic Activity Scheduled, Peso Pressure Remains

MEXICO
  • Economic activity in August is expected to have grown in August, according to economists in a Bloomberg survey, maintaining a solid level of annual growth for the economy. Data is due to be released at 1300BST/0800ET:
    • Aug. Economic Activity IGAE M/m, est. 0.30%, prior 0.15%
    • Aug. Economic Activity IGAE Y/y, est. 3.40%, prior 3.19%
    • Separately, top officials will speak along with executives from Mexican pension fund association Amafore at the group’s annual event.
  • Additionally, this week Mexico will report mid-October inflation data, as well as the unemployment rate and trade balance figures for September. It is worth noting there will be one final inflation release before the next central bank decision, which both fall on November 09.
  • A weaker equity backdrop has hampered the Mexican peso since the open, however USDMXN remains shy of last week’s highs which reside at 18.4663. The trend outlook remains bullish and sights are on $18.6172, the 76.4% retracement of the Mar 20 - Jul 28 downleg.
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.