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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
MNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
Eskom Reinforced Load-Shedding With Load Curtailment, S. African CPI Due Wednesday
- Electricity Minister Kgosientsho Ramokgopa said in a response to a written parliamentary Q&A from last month that South Africa was able to avoid ramping up load-shedding beyond Stage 6 thanks to load curtailment, according to a report circulated by BusinessTech. Partial reduction of demand from large industrial customers through load curtailment goes up to Stage 4 and sometimes was implemented alongside Stage 6 load-shedding. Stage 4 curtailment entails up to 1,000MW being removed from the grid, which is equivalent to one stage of load-shedding, but is not immediately felt by ordinary South Africans. One should bear this in mind when assessing the intensity of power outages.
- South Africa's May CPI data will be published tomorrow morning (09:00BST/10:00SAST), providing a key data signal for the SARB and its watchers. Headline inflation may have eased to +6.4% Y/Y from +6.8%, according to the median estimate in a Bloomberg poll. As a reminder, the SARB seeks to bring inflation close to the mid-point of its +3%-6% target range.
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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.