MNI China Press Digest Nov 27: Insurance, Tax, U.S. Trade

MNI: PBOC Net Drains CNY33.8 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1982 Weds; -1.45% Y/Y

MNI China Daily Summary: Tuesday, November 26

MNI BRIEF: China Supports Globalisation Despite Turbulence

MNI: PBOC Net Injects CNY11.0 Bln via OMO Tuesday

RBNZ SEES RISK OF MID-TERM INFLATION VOLATILITY

MNI: RBNZ CUTS OCR 50BP TO 4.25%

MNI: AUSTRALIA MONTHLY OCT CPI 0.1% MM, 2.3% YY

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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

Kazaks Less Optimistic Than Market On First Cut Timing

ECB

Kazaks, speaking on Latvian TV, broadly reiterates yesterday’s comments that it’s too soon to declare victory over inflation, although is more explicit on a rate path.

  • He sees rates remaining at 4% for some time before a likely cut, but isn’t as optimistic as markets on the timing of the first cut.
  • ECB-dated OIS currently shows a roughly 50/50 call for a first cut in March which is then more than fully priced for April (cumulative 36bp of cuts) building to 147bp by end-2024.
EM BulletHomepagemarkets-real-timeEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.