BOC WILL BE CONSDIERING FURTHER RATE CUTS

BOC DOESN'T SEE A RECESSION, RATHER SLOW GROWTH

BOC SAYS WEAKER CAD DRIVEN BY USD STRENGTH

MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

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

EZ/UK Bond Supply Calendar: BTP Auction on Thursday

US EIA: CRUDE OIL STOCKS EX SPR -1.42M TO 422.0M DEC 06 WK

BOC CUTS RATE 50BPS TO 3.25%, SEES GRADUAL APPROACH FROM HERE

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

Lower House Labour Committee Approves Pension Reform Bill

CHILE
  • According to a message from the Labour Ministry, the Lower House Labour Committee approved President Boric’s pension reform bill last night, with the votes of all members of the government’s coalition party. The bill includes the elimination of incumbent private pension fund managers and will also have employers contributing 6% of employees gross salaries to pensions. The bill now moves to the Lower House’s Finance Committee, before being voted on in the Lower and Upper Houses of Congress.
  • In line with regional peers, the Chilean peso has opened weaker this morning, against the backdrop of a stronger USD and higher US yields. Price action sees USDCLP narrow the gap with touted resistance at 924.67, the Nov 13 high, which notably capped last week’s rally. With no data releases scheduled today, local assets will likely continue to be shaped by the evolution of global risk sentiment.
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.