MNI BRIEF: Output Gap Shut, Wage Growth Too Fast - BOE Greene

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI BRIEF: Limited Economic Impact Of French Crisis - EC

MNI China Daily Summary: Thursday, Dec 5

MNI BRIEF: China Construction Output Slows In November

MNI: PBOC Net Drains CNY153 Bln via OMO Thursday

US EIA:NAT GAS STORAGE -30 BCF TO 3,937 BCF NOV 29 WK

MNI: CANADIAN OCT TRADE BALANCE CAD -0.9 BILLION

MNI: US OCT TRADE GAP -$73.8B VS SEP -$83.8B

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

ILS: Shekel Steady, Inflation Data Eyed Later This Week

ILS
EM BulletBulletGlobalEmerging Market NewsMiddle EastRegion

Spot USD/ILS oscillates between gains and losses, awaiting fresh catalysts. The rate last sits at 3.7512, a touch higher on the day. Bulls look for a firmer rally towards 3.8309, which capped gains on Oct 4. On the flip side, bears look for a dip through the 3.70 area and towards Sep 26 low of 3.6792.

  • Geopolitical developments remain in focus after Foreign Minister Sa'ar touted "progress" in multilateral talks aiming to achieve a ceasefire in Lebanon.
  • US President-elect Trump will likely appoint three pro-Israel lawmakers for most senior foreign policy positions in his incoming administration, with market participants assessing the implications for regional security.
  • Israel will report October trade balance tomorrow at 11:00GMT/13:00IST, but the key release this week is October CPI, due Friday. Consensus looks for an acceleration in headline inflation to +3.6% Y/Y from +3.5% registered in September.
138 words

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.

Spot USD/ILS oscillates between gains and losses, awaiting fresh catalysts. The rate last sits at 3.7512, a touch higher on the day. Bulls look for a firmer rally towards 3.8309, which capped gains on Oct 4. On the flip side, bears look for a dip through the 3.70 area and towards Sep 26 low of 3.6792.

  • Geopolitical developments remain in focus after Foreign Minister Sa'ar touted "progress" in multilateral talks aiming to achieve a ceasefire in Lebanon.
  • US President-elect Trump will likely appoint three pro-Israel lawmakers for most senior foreign policy positions in his incoming administration, with market participants assessing the implications for regional security.
  • Israel will report October trade balance tomorrow at 11:00GMT/13:00IST, but the key release this week is October CPI, due Friday. Consensus looks for an acceleration in headline inflation to +3.6% Y/Y from +3.5% registered in September.