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Brazil Central Government Budget Balance Due, BCCh President Speaks

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  • Brazil’s April IGP-M general prices are scheduled today before the central government budget balance data is expected. Argentine President Javier Milei’s new omnibus bill will be debated in the lower house of congress and Chile Central Bank Governor Rosanna Costa is due to speak about the economy. Key attention this week will rest on Wednesday’s Fed meeting and press conference, as well as Friday’s release of NFP.
  • Markets have been dominated by the significant swings for the Japanese yen on Monday amid strong indications of intervention form the Japanese Ministry of Finance, although no official confirmation has been provided on this front. The USD index trades roughly 0.25% lower and is broadly reflected by a small move lower for USDMXN to start the week.
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  • Brazil’s April IGP-M general prices are scheduled today before the central government budget balance data is expected. Argentine President Javier Milei’s new omnibus bill will be debated in the lower house of congress and Chile Central Bank Governor Rosanna Costa is due to speak about the economy. Key attention this week will rest on Wednesday’s Fed meeting and press conference, as well as Friday’s release of NFP.
  • Markets have been dominated by the significant swings for the Japanese yen on Monday amid strong indications of intervention form the Japanese Ministry of Finance, although no official confirmation has been provided on this front. The USD index trades roughly 0.25% lower and is broadly reflected by a small move lower for USDMXN to start the week.