FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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

Coalition Talks Front And Centre

SOUTH AFRICA
  • Coalition talks remains at the top of the local agenda after the African National Congress (ANC) announced its intention to form a government of national unity (GNU). The ANC will speak with union federation COSATU and the South African Communist Party (SACP) this week to seek their counsel. Separately, the Economic Freedom Fighters (EFF) said they would continue to speak with other parties, hoping to form a government other than a GNU, as they would prefer to avoid collaborating with the Democratic Alliance (DA) or Freedom Front (FF) Plus.
  • The ANC's Top Seven officials will this week interview candidates for premiers in the five provinces where the party secured majorities and other regions where it could form coalition governments. The list of provinces does not include Western Cape, where the ANC will remain in opposition, and KwaZulu-Natal, where the MK Party secured 45% of the vote.
  • David Fowkes, an adviser to the South African Reserve Bank (SARB) and member of the Monetary Policy Committee (MPC), said that "good political news" would help start rate cuts. The official added that the SARB's "most reasonable projection" is generally supportive of lowering interest rate cuts in 2H2024.
EM BulletHomepagemarkets-real-timeBulletEmerging Market NewsPolitical Market News

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.