MNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors

MNI BRIEF: German Insolvency Rate Slows, 2025 Pickup Expected

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: US REDBOOK: DEC STORE SALES +4.2% V YR AGO MO

US Q3 REV NONFARM PRODUCTIVITY +2.2%; Y/Y +2.0%

US NFIB NOV SMALL BUSINESS INDEX 101.7

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

Bi-Weekly CPI Data Due, Talks With US & Canada

MEXICO
  • Markets are expecting a marginal dip to 6.73% for annual core inflation at the Mid-July release from 6.89% at the full June reading. Easing global inflation, accumulated peso appreciation and base effects are contributing to the deceleration for both headline and core CPI, however, figures remain well above target and confirm the need for Banxico to maintain the current level of the interest rates. Any upside surprise will likely bolster the extended pause narrative with latest central bank rhetoric pointing to November as the earliest at which easing could be considered. Data is due at 1300BST/0800ET:
    • July Bi-Weekly CPI, est. 0.26%, prior 0.16%
    • July Bi-Weekly CPI Y/y, est. 4.77%, prior 4.93%
    • July Bi- Weekly Core CPI, est. 0.22%, prior 0.21%
    • July Bi-Weekly Core CPI Y/y, est. 6.73%, prior 6.86%
  • Separately, US Homeland Security Advisor Elizabeth Sherwood-Randall leads a delegation to Mexico City to discuss migration and opioids with Mexican and Canadian partners.
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.