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

July National CPI Data Scheduled

ARGENTINA
  • ARGENTINA TO HALT BEEF EXPORTS FOR 15 DAYS, INFOBAE SAYS (BBG)
  • The above headline on halting beef exports for 15 days is in order to tame local prices according to Infobae. This comes ahead of July CPI data due later today where the annual level of inflation is expected to come in at 115.00%, but will not be reflective of the latest developments since Sunday’s primary results where outsider Javier Milei came out ahead.
  • "If this 20% depreciation of the peso sticks, we are going to see a lot of inflation in the coming days," said Felipe Camargo, an economist who covers Latin America at Oxford Economics, a consulting firm.
  • The Argentina’s parallel peso is reported to have extended losses after the government decided Monday on a 18% currency devaluation. The street exchange rate, called “blue dollar”, weakened 4.2% to 715 pesos per dollar earlier today and the FX spread rose to 104%, from 95%, according to website Dolarhoy.com.
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.