MNI China Daily Summary: Thursday, December 12

RPT-MNI BOC WATCH: More Gradual Approach Seen After 50BP Cut

MNI BRIEF: Beijing To Protect Firms From U.S. Bill - MOFCOM

MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

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

Core Inflation Seen Ticking Higher Across September

SOUTH AFRICA
  • September inflation data crosses later today, with markets expecting CPI to have risen 7.6% on the year, inline with the August release. Core CPI is seen ticking higher, hitting 4.7% from 4.4% previously. Retail sales release for August crosses later in the day, at 1pm local time (1200BST).
  • With Transnet striking a wage deal with a number of unions, the CEO told EWN yesterday that 70-80% of workers were back at their positions as of Tuesday, however the significant build-up of backlogs across ports and rail terminals could take 6 – 9 weeks to clear. The Satawu union remains in talks with management, having turned down the pay offer accepted by other unions.
  • EWN cite comments from the finance committee chair Maswanganyi, who has appealed against negative statements about the potential of the country being greylisted. He added that there would be dire consequences for attracting investment and for the banking sector, if South Africa was greylisted by the FATF. The Treasury is currently racing against the clock to meet regulations of the FATF ahead of a potential ruling.
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.