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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.
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Free AccessMNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday
Milei Delays Pact With Governors Beyond May, April Trade Data Due
- President Milei said yesterday that his pact with the country’s governors will be delayed because his reform bill hasn’t been passed yet in congress. Milei had originally said the pact, a list of ten goals for his administration, would be signed on May 25, but local media report that it could be signed on June 20 or July 09 instead.
- Separately, Milei said that two investment funds are interested in the country’s railway network without providing further details.
- Data wise, April trade figures will be released at 2000BST(1500ET), with the trade surplus expected to rise to $2.2bn, from $2.059bn previously. Further ahead, March activity data will be published tomorrow, with analysts expecting growth to slip to -7.3% y/y.
- April Trade Balance, est. $2.2b, prior $2.06b
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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.