MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

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

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

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

Leaders Meet as CELAC Conference Begins

LATIN AMERICA
  • Latin American and Caribbean leaders meet for the Community of Latin American and Caribbean States (CELAC) conference in Buenos Aires beginning at 10am local time.
  • At 1500: Brazil President Luiz Inacio Lula da Silva, Argentina President Alberto Fernandez and other leaders will hold bilateral meetings until 1700.
  • News has been dominated around Brazil and Argentina starting preliminary talks to create a common currency, as their leftist leaders revive a proposal that economists and central bankers have long criticized. Brazil's President Luiz Inácio Lula da Silva wants to boost trade with Argentina, his country's third-largest trading partner, while improving economic cooperation, he said in a joint op-ed with his Argentine counterpart.
  • Finance Minister Haddad said the plan is to introduce a common unit to settle trading operations between the two countries without relying on the dollar.
    • “We’re talking about a system that’s not based on local-currency payments, which didn’t work, but that won’t reach the level of monetary unification seen with the euro.”
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.