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

Erdogan to Address Lawmakers as Markets Await Further Spending Pledges

TURKEY
  • Dunya cite banking sources in reporting on the Liraization move to raise the securities ratio for FX deposits to 5% from 3%, writing that the move will prompt banks to have to hold TRY 88bln more in Turkish bonds over the next three months.
  • The CBRT are expected to cut rates by a further 100bps at this Thursday’s decision, inline with Erdogan’s pledge to get rates to single digits by year-end. Full MNI Preview including summary of sell-side views here: https://roar-assets-auto.rbl.ms/documents/19600/MN...
  • President Erdogan is to address lawmakers later today at midday local time (1000BST), with opposition CHP leader Kilicdaroglu to speak two hours later. Erdogan’s comments will be watched for any further details on the party’s spending plans, which are expected to accelerate ahead of next year’s general election.
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.