Free Trial
GOLD

Prices Stabilise After Sinking On Payrolls

US TSY OPTIONS

TYH3 116.00 Calls Given

GBP

Goldman: The Reliable Boyfriend

STIR

SFRH3/M3 Flattener Flow

INR

Goldman Sachs On INR

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

CLP Sees Early Underperformance as Deficit Wider Than Forecast

LATIN AMERICA
  • CHILE: Chilean GDP data came in ahead of expectations, rising 0.3% Y/Y vs. Exp. 0.2%. On the quarter, GDP fell 1.2% vs. Exp. -1.0%.
  • Current account balance data showed a wider-than-expected deficit of $9.428bln.
  • Chile’s Boric has a busy day, meeting China’s Xi Jinping at the APEC summit in Thailand.
  • COLOMBIA: In a measure to counter inflation expectations, Colombia are to push to remove the price indexation of goods and services from calculations for minimum wage. The proposals will be put forward by the government for consideration by Congress. The legislation would see minimum wages tied to core inflation, instead of goods and services prices.
  • Following reports earlier in the week that Colombia were seeking higher levels of funding for the public pension system, analysts cited by Bloomberg see Colombian bond markets coming under pressure as a result.
  • Analysts at both GS and Citi see the measures as limiting the ability of private pension fund managers to support the local market, however see a risk that the measures could be watered down through the Congressional approval process.
  • Elsewhere today, the Uruguayan central bank release their November meeting minutes.
  • A Congressional Committee in Peru hold a session to review treason accusations against President Castillo at midday local time.
200 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • CHILE: Chilean GDP data came in ahead of expectations, rising 0.3% Y/Y vs. Exp. 0.2%. On the quarter, GDP fell 1.2% vs. Exp. -1.0%.
  • Current account balance data showed a wider-than-expected deficit of $9.428bln.
  • Chile’s Boric has a busy day, meeting China’s Xi Jinping at the APEC summit in Thailand.
  • COLOMBIA: In a measure to counter inflation expectations, Colombia are to push to remove the price indexation of goods and services from calculations for minimum wage. The proposals will be put forward by the government for consideration by Congress. The legislation would see minimum wages tied to core inflation, instead of goods and services prices.
  • Following reports earlier in the week that Colombia were seeking higher levels of funding for the public pension system, analysts cited by Bloomberg see Colombian bond markets coming under pressure as a result.
  • Analysts at both GS and Citi see the measures as limiting the ability of private pension fund managers to support the local market, however see a risk that the measures could be watered down through the Congressional approval process.
  • Elsewhere today, the Uruguayan central bank release their November meeting minutes.
  • A Congressional Committee in Peru hold a session to review treason accusations against President Castillo at midday local time.