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INSIGHTS - 8th September 2022 (1/2)

MNI
CANADA: MNI BoC Review, Sep'22: Maintaining Optionality

SONIA: 34bps of hikes over 12-month removed from the peak this week

GILTS: How soon can we get an increase in the remit?

  • An increase in the gilt remit could be imminent (MNI expects we will probably get an update this month). Remit revisions normally occur alongside Budgets or formal fiscal statements, and the DMO tends to base its estimates on OBR forecasts.
  • https://marketnews.com/how-soon-can-we-get-an-incr...
PERU: Central Bank Decision Scheduled For 0000BST/1900ET
  • According to six of eight economists surveyed by Bloomberg the central bank is expected to raise its benchmark interest rate 50 basis points to 7.00%. This would be the fourteenth rate increase this cycle and thirteenth consecutive 50bp hike.
  • https://marketnews.com/central-bank-decision-sched...

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