CANADA FLASH MAY GDP +0.1% ON FACTORIES AND REAL ESTATE

MNI China Daily Summary: Friday, June 28

MNI BRIEF: PBOC Pledges to Curb Any Overshoot Of The Yuan: MPC

MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC CONDUCTS CNY50 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1268 Fri; -0.32% Y/Y

MNI: BAKER HUGHES US RIG COUNT 581; OIL RIGS 479; GAS RIGS 97

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: BoE APF on Monday

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

Copom Minutes Expected At 1200BST/0700ET, Mid-Month Inflation

BRAZIL
  • Brazil’s central bank are scheduled to publish the minutes of last week’s Copom meeting, where the committee unanimously decided to cut the Selic rate by 50bps to 12.75%.
  • In a note, Goldman Sachs have said they will be looking out for three particular points within the minutes. First of all, views on the output gap and labour market dynamics and their potential impact on the easing cycle. Secondly, discussion surrounding the additional paragraph on fiscal targets and whether it could have been added as an upside inflation risk, and thirdly, an eventual discussion about the potential impact of the increase in US long rates on the near-term calibration of the easing cycle.
  • Mid-September inflation data will also cross today where the annual headline rate is expected to increase to 5.02%, from 4.61% in the full August reading, largely driven by rising fuel prices.
  • It is also worth noting that on Thursday, the central bank will also publish the third quarter inflation report.
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.