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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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Free AccessMNI POLITICAL RISK - Trump Announces Raft Of Key Nominations
BRIEF: EU-Mercosur Deal In Final Negotiations - EC
CNB Governor Rusnok Supporting Another 'Slight Increase' For Next Meeting
- PM Babis said in election debate this week that the government won't impose another lockdown as the country prepares for general elections next month.
- CNB Governor Jiri Rusnok mentioned in an interview broadcast on TV Nova yesterday that he will support another 'slight increase' at the next meeting on September 30 amid rising wage inflation and 'can imagine' backing a rate hike at each of the two next meetings (after Sep 30).
- Consensus is currently pricing in a 25bps rate hike at each of the last three meetings, which would increase the policy rate to 1.50% by year-end.
- This morning, economic data showed that average real monthly wage rose 8.2% YoY in Q2 (vs. 5.7% exp.) and up from revised 1.1% the previous quarter.
- Next key data to watch will be August CPI inflation, coming out on September 10.
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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.