CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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

LATAM: Summary – September 20

LATAM
EM BulletBulletGlobalEmerging Market NewsRegion
  • The LatAm data calendar is light on Friday, with just the latest Citi survey of economists due in Mexico. Elsewhere, the Bank of Canada’s Macklem is due to speak before Canada retail sales data. There may also be comments from the ECB’s Lagarde and the Fed’s Harker to round off the week.
  • Overnight, the BoJ board largely maintained its assessment on the overall economy, although it slightly upgraded its assessment on private consumption, following its decision to hold the policy rate steady at 0.25%. “Japan’s economy has recovered moderately, although some weakness has been seen in part,” the BoJ said in a statement. The bank said private consumption has been on a "moderate increasing trend despite the impact of price rises and other factors.”
  • USDJPY is extending its impressive bounce on Friday as BoJ Governor Ueda acknowledged that “the upside risk to prices does appear to be easing given the recent yen strength”. Ueda added that time remains to confirm certain points when making policy decisions, indicating that the BoJ will assess the incoming data and economic conditions overseas in the coming months, especially in the US.
185 words

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.
  • The LatAm data calendar is light on Friday, with just the latest Citi survey of economists due in Mexico. Elsewhere, the Bank of Canada’s Macklem is due to speak before Canada retail sales data. There may also be comments from the ECB’s Lagarde and the Fed’s Harker to round off the week.
  • Overnight, the BoJ board largely maintained its assessment on the overall economy, although it slightly upgraded its assessment on private consumption, following its decision to hold the policy rate steady at 0.25%. “Japan’s economy has recovered moderately, although some weakness has been seen in part,” the BoJ said in a statement. The bank said private consumption has been on a "moderate increasing trend despite the impact of price rises and other factors.”
  • USDJPY is extending its impressive bounce on Friday as BoJ Governor Ueda acknowledged that “the upside risk to prices does appear to be easing given the recent yen strength”. Ueda added that time remains to confirm certain points when making policy decisions, indicating that the BoJ will assess the incoming data and economic conditions overseas in the coming months, especially in the US.