Free Trial

EMERGING MARKETS: Global news - September 09

EMERGING MARKETS
  • US – Vice President Harris will travel to still-tight battleground states after Tuesday’s debate with Donald Trump, as a poll showed the former president ahead nationally and many voters saying they need to know more about Harris. Trump led Harris by 48% to 47% in a New York Times-Siena College poll published Sunday. While within the margin of error, the result suggests that Harris’ month-long rise in the polls may have stalled and Trump’s support remains resilient.
  • US – Senate Majority Leader Chuck Schumer emphasised the importance of avoiding a government shutdown on Sept 30, as lawmakers return to Washington after the August break with the US election ahead in November. In a letter to his Democratic colleagues on Sunday, Schumer said his party favours a short-term funding extension, known as a continuing resolution, and called on Republicans to support a bipartisan effort.
  • CHINA (MNI Beijing) – China's CPI rose 0.6% y/y in August to a six-month high, accelerating from July’s 0.5% but underperforming the 0.7% consensus, data from the NBS showed Monday. Food prices rose 2.8% y/y led by a 21.8% increase in vegetable prices due to extreme weather, while non-food prices rose 0.2%. On a monthly basis, CPI rose 0.4%, moderating from July's 0.5%, as travel demand declined with the end of summer holiday.

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.