MNI: PBOC Net Drains CNY111.2 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1307 Weds; +2.41% Y/Y

CHINA PBOC CONDUCTS CNY258 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1307 WEDS VS 7.1325

China Repo Rates Rise On Tuesday

MNI: PBOC Net Drains CNY236.6 Bln via OMO Tuesday

August Exports On Solid Footing,  Country Detail Shows Double Digit Y/Y Pace

MNI: JAPAN JULY EXPORTS +10.3% Y/Y; JUNE +5.4%

MNI: UK MAY-JUL MEDIAN PAY AWARDS +4.5% :Brightmine

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

Kazaks States ECB Will Take Action If Inflation Outlook Picks Up

ECB
  • Bloomberg reports the Bank of Latvia governor Kazaks as saying the ECB will take action if the inflation outlook picks up, adding that the ECB are ready to raise rates and cut stimulus if necessary.
  • Kazaks has spoken about cutting stimulus before. From an interview with MNI in November, Kazaks said "The successor to the ECB's Pandemic Emergency Purchase Programme should be limited in size and duration but used flexibly" but did also add: "The ECB should not begin to consider raising key interest rates until labour market slack disappears and wages are pushed up on a sustainable basis"
  • EUR inches higher on that headline, although EUR/GBP is unable to print a fresh daily high - recently printed at 0.8363 - well shy of the first real resistance crossing at 0.8381 - the Nov 22 low.
EM BulletHomepagemarkets-real-timeFixed Income BulletsBulletMarketsEmerging Market NewsForeign Exchange BulletsEuropean Central Bank (ECB) Market News
EM BulletHomepagemarkets-real-timeFixed Income BulletsBulletMarketsEmerging Market NewsForeign Exchange BulletsEuropean Central Bank (ECB) Market News

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.