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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.
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CLP Extending Gains On China/Commodities
- The Chilean peso is extending the week’s gains amid broader optimism in China and a broad rally across the commodity complex. After narrowing the gap once more with the 900 mark, focus is back on key support and the bear trigger which lies at 880.85, the Nov 11 low.
- Thursday will see economic activity data for October cross the wires, however next Wednesday’s CPI data for November will remain in focus as a further softening in the data will likely ramp up expectations of the BCCh needing to cut rates early next year.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.