Free Trial

Chile Economic Activity Headlines, CB Economist Survey Results Scheduled

  • Chile March economic activity headlines the LatAm docket on Tuesday amid a plethora of PMI releases and central bank economist survey results for Brazil and Mexico. Additionally, Mex remittances and Brazil trade balance data is scheduled.
  • Eurozone inflation edged up by 0.1pp to +7.0% y/y in the April flash data, against consensus expectations of holding steady at +6.9% y/y. The market response was muted, with the core reading in line with expectations. As such, there was little movement in implied ECB rate hike pricing for this week's meeting - with ~29bps priced in.
  • Focus ahead turns to JOLTS job openings data and final durable goods data for March.
  • AUD is the best performing G10 currency following the surprising rate hike from the RBA overnight. The bank raised its cash rate by 25 basis points to 3.85%, stressing that it aimed to return inflation to its 2-3% target in a "reasonable timeframe", strengthening language on future hikes.

To read the full story

Why Subscribe to


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.