MNI BRIEF: Trade War To Increase Volatility Inflation -Panetta

MNI China Daily Summary: Friday, November 15

MNI BRIEF:China Optimistic On Property Despite Investment Fall

CORRECTED-MNI INTERVIEW: NBH To Hold Rates

MNI BRIEF: China Oct Retail Sales Surge On Holiday, Trade-ins

CHINA OCT INDUSTRIAL OUTPUT +5.3% Y/Y VS MEDIAN +5.5% Y/Y: NBS

EZ/UK Bond Supply Calendar: EU Synd; SK, BE Auction on Monday

MNI: US SEP BUSINESS INVENTORIES +0.1%; SALES +0.3%

MNI: US OCT INDUSTRIAL PROD -0.3%; CAP UTIL 77.1%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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

EMERGING MARKETS: Global News: November 13

EMERGING MARKETS
BulletEM BulletEmerging Market News
  • US (MNI) – Analyst forecasts for October's CPI report show a central expectation that sequential inflation will come in relatively steady compared with September. The MNI consensus for core CPI is 0.30% m/m (median) / 0.29% (mean) unrounded, vs 0.31% prior, while headline is seen at 0.20% m/m (median) / 0.21% (mean), vs 0.18% in September. These are in line with BBG consensus medians, and as suggested by the means, there is a slight downside bias to core. Forecasts appear aligned on a fairly sharp pickup in core goods prices, driven by used cars.
  • US (BBG) – Elon Musk and entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency tasked to “dismantle Government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” President-elect Donald Trump announced Tuesday.
  • CHINA (BBG) – China indicated its discomfort with yuan weakness through its daily reference rate for the currency amid the threat of higher US tariffs under a Trump administration. The PBoC set its reference rate for the yuan at 7.1991 per dollar, 445 pips stronger than the average estimate in a Bloomberg survey. The gap between the fixing and estimate was the widest since early August.
195 words

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.
  • US (MNI) – Analyst forecasts for October's CPI report show a central expectation that sequential inflation will come in relatively steady compared with September. The MNI consensus for core CPI is 0.30% m/m (median) / 0.29% (mean) unrounded, vs 0.31% prior, while headline is seen at 0.20% m/m (median) / 0.21% (mean), vs 0.18% in September. These are in line with BBG consensus medians, and as suggested by the means, there is a slight downside bias to core. Forecasts appear aligned on a fairly sharp pickup in core goods prices, driven by used cars.
  • US (BBG) – Elon Musk and entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency tasked to “dismantle Government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” President-elect Donald Trump announced Tuesday.
  • CHINA (BBG) – China indicated its discomfort with yuan weakness through its daily reference rate for the currency amid the threat of higher US tariffs under a Trump administration. The PBoC set its reference rate for the yuan at 7.1991 per dollar, 445 pips stronger than the average estimate in a Bloomberg survey. The gap between the fixing and estimate was the widest since early August.