CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: CANADA JUN INDUSTRIAL PRICES +0.0% MOM; EX-ENERGY +0.1%

MNI: CANADIAN MAY RETAIL SALES -0.8%; SALES EX-AUTOS/PARTS -1.3%

EZ/UK Bond Supply Calendar: Belgium Auction, BoE APF on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Fiscal Rules Essential For Stability - EU Draft Doc

(MNI) Brussels

Euro Area leaders will say fiscal rules are “essential” for policy coordination and for the support of economic resilience and stability in the euro area, according to an updated draft of the October 27 summit communique.

Talks among EU finance ministers on reforming the bloc’s fiscal rules remain at an impasse with little sign of a landing zone emerging between Germany and the southern EU states. The draft also notes that – while euro area economies are continuing to grow – this is at a “reduced momentum.”, but states that “inflation remains a key concern and it is essential that the disinflation process continues.”

The euro summit on Friday will be attended by ECB President Christine Lagarde and Eurogroup Chair Paschal Donohoe.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Central Bank NewsPolicy NewsHomepageEuropean Central BankFiscalGovernment sectorCEEMEAEurozoneBriefStoryRegion
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Central Bank NewsPolicy NewsHomepageEuropean Central BankFiscalGovernment sectorCEEMEAEurozoneBriefStoryRegion
True

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.