TRUDEAU SAYS IT LOOKS LIKE BOC WILL BE LOWERING RATE AGAIN

MNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

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

FOMC Minutes Due, No Major LatAm Data Releases

LATAM
  • There are no major economic data releases in LatAm on Wednesday. Mexico retail sales and Chile GDP are scheduled for Friday. The FOMC minutes are the highlight on the G10 data docket.
  • UK: headline inflation fell sharply in July, largely in line with expectations, but core inflation was unchanged at 6.9%, giving the Bank of England's Monetary Policy Committee ammunition for another rate hike in September.
  • New Zealand: The Reserve Bank of New Zealand’s monetary policy committee held the Official Cash Rate steady at 5.5% for the second consecutive meeting Wednesday, noting the rate was constraining spending and inflation, while the accompanying August Monetary Policy Statement pushed out its forecasts for the elevated OCR.
  • China: Forex regulators have sent a clear signal that policy tools will be used in due course should depreciation pressure on the yuan increase, said Wang Qing, chief macro analyst at Golden Credit Rating. The People's Bank of China said on Tuesday it will issue CNY20 billion three-month and CNY15 billion one-year central bank bills in Hong Kong on August 22, the fifth time this year. Wang said the issuance scale has increased significantly, which tightens yuan liquidity in the offshore market and increases the cost of shorting yuan. (21st Century Business Herald)
  • Iron ore fell as steel plants in China curb production amid a deepening crisis in the nation’s property sector. Singapore futures of the key steelmaking material have dropped about a quarter from a March peak, and have been hovering around the $100 a ton level for about two weeks.
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.