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JPY

Yen Stabilises After Downtick

JGB TECHS

(Z1) Edges Through Support

NZD

New Zealand Returns From Long Weekend

AUSSIE BONDS

Westpac: Q3 CPI Is A Potential Gamechanger

AUSSIE BONDS

IRZ1 Lifted

MEXICO
  • Banorte Chief Economist Gabriel Cassilas spoke in a conference today and said that Banxico will have to start a tightening cycle in 2021.
  • As a reminder, Banxico cut its benchmark rate by 25bps to 4% this year despite the expected rise in inflationary pressures (April Inflation rose to 6.1%).
  • Casillas also said that economic growth is expected to reach 5.9% in 2021.
  • The uncertainty associated to Covid19 has been weighing on the tourism and food sectors and therefore keeps delaying the recovery.
MNI London Bureau | +44 203-865-3850 | yvan.berthoux@marketnews.com
MNI London Bureau | +44 203-865-3850 | yvan.berthoux@marketnews.com