Free Trial

It's not just the Fed, BoE and.....>

EMERGING MARKETS
EMERGING MARKETS: It's not just the Fed, BoE and BoJ decisions this week. Also
due:
-Brazil BCB (Weds). SELIC rate exp unch at 6.5%. Focus on statement and whether
bank acknowledge recent economic weakness, which could lead to greater chance of
August/September rate cut. 2020 inflation forecasts will be watched.
-Taiwan CBC (Thurs). Benchmark rate exp unch at 1.375%. Rates seen unchanged,
with CB focused on FX intervention. Rate cuts could come in H2 if trade
uncertainty persists.
-Philippines BSP (Thurs). O/N rate 25bps cut expected to 4.25%. Easing cycle
fully underway. Close call this week after cutting rates last month, but will
remain data dependent.
-Bank Indonesia (Thurs). 7-day reverse repo rate exp unch at 6.0%. CB chief
stated he sees room for a rate cut, but other liquidity tools preferred at
present.
-Colombia BCC (Fri). O/N rate exp unch at 4.25%. Weak Q1 growth data make easing
more likely, but this week seen as too soon with inflation seen stable.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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.