MNI BRIEF: BOJ Tankan To Show Slipping Sentiment

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI China Daily Summary: Thursday, Dec 5

MNI BRIEF: China Construction Output Slows In November

US EIA:NAT GAS STORAGE -30 BCF TO 3,937 BCF NOV 29 WK

MNI: CANADIAN OCT TRADE BALANCE CAD -0.9 BILLION

MNI: US OCT TRADE GAP -$73.8B VS SEP -$83.8B

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

Copom Decision Due Wednesday, Spending Bill Debate In Congress

BRAZIL
  • All analysts are expecting an unchanged decision from the Copom this week, maintaining the Selic rate at 13.75%. The focus within the statement will be on any hardening of the language surrounding the fiscal backdrop and the balance of risks for the committee’s outlook. The full MNI preview with analyst views will be published later today.
  • The key immediate potential local driver will be the approval of the spending bill aimed at opening fiscal room for President-elect Luiz Inacio Lula da Silva to fulfill his campaign promises.
  • The spending bill, which excludes some social spending from the country’s fiscal cap for four years, will likely be modified to two years, said Senator Marcelo Castro after a meeting with the presidents of the Senate Rodrigo Pacheco and the lower house speaker Arthur Lira.
    • The bill is expected to begin its passage through Congress today with debate in the Senate’s constitution and justice committee.
  • Regarding cabinet/fin min picks, Lula said last week that his future cabinet will be announced after Dec. 12.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.