MNI China Daily Summary: Monday, July 22

MNI BRIEF: PBOC Lowers Ceiling of Its Interest Corridor

MNI: China CFETS Yuan Index Down 0.05% In Week of Jul 19

MNI: PBOC Sets Yuan Parity Higher At 7.1335 Mon; -1.18% Y/Y

MNI: PBOC Conducts CNY58.2 Bln Via OMO Mon; 7day Repo Rate Cut

MNI BRIEF: PBOC Cuts 7-Day Repo Rate By 10bp

CBRT Data Watch

NBH Data Watch

Pay concerns push back easing expectations; curve flattens

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Colombian Market Volatility Remains a Focus

LATIN AMERICA
  • COLOMBIA: Domestic focus remains on Petro’s economic overhaul push, with his pledge to reintroduce public sector investment and government intervention seen combating the perceived failings of historic neoliberal policies. Few fresh developments overnight, but asset prices clearly remain sensitive to any further fiscal headlines.
  • CHILE: Elsewhere, the Chilean finance ministry are seen waiting for both the Senate finance Committee’s tax reform proposals as well as fiscal responsibility plans at roughly the same time, likely later in Q2 of this year, according to La Segunda. According to the piece, the finance ministry see the flurry of legislative proposals as a good opportunity to negotiate with the opposition.
  • Chilean PPI came in this morning unchanged at 0.0%, above the prior December reading at -6.6%.
  • PERU: In Peru, State-owned China Southern are said to be considering a binding bit for ENEL’s Peruvian assets, valued at around $3bln – which would mark one of the largest Chinese cross-border deals for years. The assets in question are the power distribution resources in Peru, with separate generation assets also up for sale – valued as high as $2.5bln.
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
EM BulletHomepagemarkets-real-timeBulletEmerging 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.