RPT-MNI INTERVIEW:Govt Spending Limits ECB Easing Room-Wieland

RPT-MNI Policy: PBOC Watching Bond Rally, Starts Stress Tests

RPT-MNI: PBOC Reduces Yuan Support, Wide Volatility Band Ahead

MNI: PBOC Net Drains CNY471.3 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1112 Tues; +2.13% Y/Y

CHINA RATES: CHINA RATES: China Repo Rates Diverge On Tuesday

MNI: SWISS AUG CPI +0% M/M, +1.1% Y/Y

MNI:AUSTRALIA Q2 CURR ACCT BALANCE -10725M

MNI: UK BRC AUG BY VALUE SHOP SALES LFL +0.8% YY, TOTAL +1% YY

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

BCCh Minutes Due, Codelco Strike To Continue

CHILE
  • In Chile, the minutes of the June monetary policy meeting are likely to reiterate the monetary policy outlook in the latest quarterly report (IPOM), which anticipated at least two more hikes of 25-50 bps before the end of the tightening cycle.
  • Codelco said protests have not yet affected output, but their continuation would require adjustments to operations and mean a subsequent impact on production and company dividends, according to a statement.
    • Codelco regrets that FTC labor leaders failed to attend Wednesday’s afternoon meeting in Valparaiso region with company president Andre Sougarret
    • Sougarret said Codelco is open to dialog and he hopes a meeting can be held as soon as possible, according to the statement
  • An exchange rate between CLP900 and CLP920 per dollar this month would force Chile’s Central Bank to apply a higher rate hike than expected by the market in July and a “surgical” exchange rate intervention coordinated with the Ministry of Finance and regulators, Scotiabank Chile economist said in a note.
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.