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: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

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

Brazil Markets Reopen, Colombia Production & Retail Sales Data

LATAM
  • A quiet end to the week in LatAm with just production and retail sales data from Colombia. Brazil markets will reopen following yesterday’s holiday.
  • House Majority Leader Steve Scalise (R-LA) yesterday withdrew his candidacy for speaker of the House of Representatives after a short campaign which failed to garner sufficient support. House Judiciary Committee Chair Jim Jordan (R-OH) now becomes the presumptive frontrunner.
  • ECB Governing Council member Klaas Knot told ANP that officials are likely to keep interest rates at their current high level for at least a year, sticking to his typically hawkish stance. He went on to stress that "the market is pricing in another rate cut for the middle of next year. But I think that is still too early."
  • MNI (Beijing) China's Consumer Price Index was flat in September, while the Producer Price Index measuring factory-gate inflation saw annual declines slow for a third month, data showed on Friday. China foreign trade jumped to its highest level this year in September, expanding 5.5% m/m in yuan terms, the second consecutive monthly gain.
  • Separately, China is considering forming a state-backed stabilization fund to shore up confidence in its $9.5 trillion stock market, according to people familiar with the matter. After at least two rounds of consultation with industry participants over a period of months, financial regulators including the China Securities Regulatory Commission recently submitted a preliminary plan to the nation’s top leadership, said the people, who asked not to be identified discussing a private matter.
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.