CHINA PBOC CONDUCTS CNY50 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1201 MON VS 7.1196

MNI BRIEF: US May Existing Home Sales Pace Falls 0.7% To 4.11M

MNI BRIEF: China Hopes EU To Ease Frictions Via Negotiations

MNI: PBOC Net Injects CNY8 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1196 Fri; -1.41% Y/Y

MNI: BAKER HUGHES US RIG COUNT 588; OIL RIGS 485; GAS RIGS 98

EZ/UK Bond Supply Calendar: EU Auction, BoE APF Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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

Final Reading of Q3 GDP, September Economic Activity

MEXICO
  • Mexico will publish the final reading for third-quarter GDP, which is expected to have expanded 3.2% year-over-year, according to economists surveyed by Bloomberg, slightly less than the preliminary reading of 3.3%. Current account balance figures will also be published later today. Growth data is due at the top of the hour:
    • Q3 GDP Nominal YoY, prior 6.9%
    • Q3 GDP NSA YoY, est. 3.2%, prior 3.3%
    • Q3 GDP SA QoQ, est. 0.8%, prior 0.9%
    • Sept. Economic Activity IGAE YoY, est. 3.00%, prior 3.70%
    • Sept. Economic Activity IGAE MoM, est. 0.20%, prior 0.39%
    • 1500GMT/1000ET: Q3 Current Account Balance, est. $2.8b, prior $6.25b
  • USDMXN is consolidating and remains towards the lower end of the most recent range. The latest move lower confirms the end of the recent Nov 3 - 10 corrective bounce and the break of support at 17.2833, the Nov 3 low, confirms a resumption of the current bear cycle and opens 16.9988, the Sep 20 low. A break of this level would signal scope for a move towards 16.6262, the Jul 28 low.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.