Free Trial

BanRep Interest Rate Decision, Mexico GDP, Chile Economic Activity Due

LATAM
  • The focus next week will be on BanRep’s monetary policy meeting on Tuesday, when the central bank is expected to deliver another 50bp cut to 11.75%. The central bank will also publish its quarterly monetary policy report on Friday. Mexico Q1 GDP, Chile economic activity and Peru CPI data will also cross.
    • On Monday, Brazil will publish central government budget balance figures for March, with analysts expecting a BRL 1.7bn surplus, vs. -BRL58.4bn previously.
    • The focus on Tuesday turns to the BanRep MPC meeting, where all analysts in the Bloomberg survey expect a further 50bp cut. In Brazil, the BCB will publish its weekly Focus survey, followed by March unemployment data, while Mexico will release Q1 GDP figures. Elsewhere, Chile will release activity data for March, including retail sales, IP and copper production.
    • Peru will release April CPI inflation data on Wednesday, with attention on whether the headline rate returns to the BCRP’s 1-3% target range.
    • Brazil March current account figures cross on Thursday, followed by March economic activity for Chile. April manufacturing PMIs will also be published across the region, while Banxico releases its latest economist survey.
    • On Friday, BanRep’s quarterly monetary policy report will be published, while on the data front, Brazil March industrial production and outstanding loans and Mexico February gross fixed investment will cross.
213 words

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.
  • The focus next week will be on BanRep’s monetary policy meeting on Tuesday, when the central bank is expected to deliver another 50bp cut to 11.75%. The central bank will also publish its quarterly monetary policy report on Friday. Mexico Q1 GDP, Chile economic activity and Peru CPI data will also cross.
    • On Monday, Brazil will publish central government budget balance figures for March, with analysts expecting a BRL 1.7bn surplus, vs. -BRL58.4bn previously.
    • The focus on Tuesday turns to the BanRep MPC meeting, where all analysts in the Bloomberg survey expect a further 50bp cut. In Brazil, the BCB will publish its weekly Focus survey, followed by March unemployment data, while Mexico will release Q1 GDP figures. Elsewhere, Chile will release activity data for March, including retail sales, IP and copper production.
    • Peru will release April CPI inflation data on Wednesday, with attention on whether the headline rate returns to the BCRP’s 1-3% target range.
    • Brazil March current account figures cross on Thursday, followed by March economic activity for Chile. April manufacturing PMIs will also be published across the region, while Banxico releases its latest economist survey.
    • On Friday, BanRep’s quarterly monetary policy report will be published, while on the data front, Brazil March industrial production and outstanding loans and Mexico February gross fixed investment will cross.