FED'S BARKIN: LOOKING FOR MORE EVIDENCE OF INFLATION'S DECLINE

BARKIN: FED SHOULD ACT DELIBERATELY, KEEP CLOSE EYE ON ECONOMY

MNI BRIEF: China Equip't Renewal Policy Includes Foreign Firms

MNI China Daily Summary: Wednesday, July 17

MNI China Press Digest July 17:  Investment, LPR, H2 Priority

MNI: PBOC Net Injects CNY268 Bln Via OMO Wed; Rates Unchanged

Broad-based Softening In June Underlying Inflation Metrics

EZ/UK Bond Supply Calendar: Spain, France Auction on Thursday

EZ/UK T-Bill Calendar:1/3/6-Month UKTB Auction on Friday

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

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

Greenback Remains On Back Foot

EMERGING MARKETS
  • The European Central Bank should keep to its baseline economic scenario and continue to raise rates to bring inflation back to target before 2025 as fears of a banking crisis recede, Bank of Latvia governor Martins Kazaks told MNI. "It's way too early - even with headline inflation starting to come down - to declare any kind of victory with respect to inflation," Kazaks said in an interview.
  • The greenback is softer headed through to the NY crossover, with the USD Index (-0.26%) holding close to mid-March lows. German regional CPI data has been in focus, sending mixed signals over the sustainability of the decline in headline inflation.
  • Focus turns to the confirmation for preliminary German CPI for March, as well as the weekly US jobless claims. Tertiary Q4 GDP from the US is unlikely to move the needle, but Fed speakers will be eyed. Fed's Barkin, Collins and Kashkari are on the docket just after the London close.
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.