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Brazil Activity & Mexico Retail Sales, China Rates Unchanged

LATAM
  • Brazil economic activity and Mexico retail sales for August will be the focus at the start of the LatAm session on Friday. Colombia and Argentina trade balance figures will cross later in the day.
  • Focus during US hours will be on Fed's Harker and Mester - who make the last appearances for the FOMC before the Fed's media blackout period.
  • MNI (Beijing) - China's Loan Prime Rate remained unchanged on Friday, according to a People's Bank of China statement, in line with market expectation following the PBOC's decision to keep a key policy rate steady on October 16. The one-year LPR, based on the PBOC’s Medium-term Lending Facility rate and quotes submitted by 18 banks, was left at 3.45% and the five-year plus maturity was held at 4.2%.

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