MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI: PBOC Net Injects CNY13.8 Bln via OMO Monday

MNI BRIEF: PBOC Increases Gold Reserves

CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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

Central Bank Minutes Scheduled, Traders Survey Due Friday

CHILE
  • The BCCh will release the minutes of its April meeting at 1330BST/0830ET. As a reminder, the committee decided to slow the pace of easing, cutting rates by 75bps to 6.50% and conveying a more cautious tone. Our full review of the decision is here: https://roar-assets-auto.rbl.ms/files/60652/MNI%20BCCh%20Review%20-%20April%202024.pdf
  • Analysts will be attentive to the details on whether different alternatives were considered, and what may determine the size of further adjustments ahead.
  • The Chilean peso relatively outperformed on Tuesday as other currencies in the region bore the brunt of the emerging market sell off. However, USDCLP closed at 981.84 and bullish conditions for the pair remain firmly in place with focus on the bull trigger at 990.67, the Feb 26 high.
  • Itaú expect the peso to remain under pressure near term due to narrowing interest rate differentials, but see scope for it to gradually appreciate through their forecast horizon as monetary policy paths across the globe converge.
  • Elsewhere on the calendar, the BCCh traders survey will be released Friday. As a reminder, the latest economist survey showed that expectations are for just a 50bp cut at the May 23 meeting.
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.