MNI: PBOC Conducts Net CNY2 Bln Via OMO Mon; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.0947 Mon; -4.91% Y/Y

MNI: China CFETS Yuan Index Up 0.05% In Week of Apr 3

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.0947 MON VS 7.0949

MNI BRIEF: Monetary, Fiscal Policy Need Harmony - Campos Neto

Industrial Production Ticking Higher, But Outlook Remains Clouded

MNI: SWISS MAR UNEMPLOYMENT -2.9% M/M, +17.1% Y/Y

Australia Feb Housing New Loan Commitments +1.5%

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Mid-Month CPI Kicks Off Banxico Decision Day

MEXICO
  • The Peso continues its recovery as USDMXN edges back towards levels seen pre-FOMC around 20.10. The focus this morning will be on the mid-month CPI and Core CPI prints, as well as the release of the May unemployment rate:
    • 1200BST/0700ET – Mexico June Bi-Weekly CPI (Est 0.22% m/m, Prior 0.17%)
    • 1200BST/0700ET – Mexico June Bi-Weekly CPI (Est 5.89% y/y, Prior 5.99%)
    • 1200BST/0700ET – Mexico June Bi-Weekly Core CPI (Est 0.21% m/m, Prior 0.22%)
  • Attention then turns to the June Banxico decision and statement due to be published at 1900BST/1400ET. The governing board are likely to leave the policy rate unchanged at 4%, in a unanimous decision. Recent market developments, both in domestic inflation and external conditions, may have intensified the near-term pressures to convey a more hawkish message to the markets.
  • The full MNI preview with analyst views can be found here:
  • https://roar-assets-auto.rbl.ms/documents/10590/MNI%20Banxico%20Preview%20-%20June%202021.pdf
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.