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MNI: BOJ To Carefully Mull Exit - Dep Gov Himino

MNI: PBOC Drains Net CNY198 Bln Weds; Rates Unchanged

CHINA PBOC INJECTS CNY240 BILLION VIA 7-DAY REVERSE REPOS WEDS

Futures Consolidate On Tuesday

EZ/UK Bond Supply Calendar: Italy Exchange, Green Gilt Due Wed

EZ/UK T-Bill Calendar: Greece, EU Auction Wednesday

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

MNI BRIEF:Macklem-Fiscal Policy Turning Unhelpful On CPI Fight

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

MNI GLOBAL WEEK AHEAD - FOMC Mins, Riksbank, JP CPI and EM CBs

This week is headlined by the FOMC minutes, the last Riksbank decision of the year, Japan CPI and CB decisions in emerging markets.

TUESDAY - FOMC MINUTES

The Minutes to the November FOMC meeting out Tuesday will be scrutinized for further insight into how participants viewed the impact of tighter financial conditions on the outlook, particularly given that they were added to the Statement as a factor that was "likely to weigh on economic activity, hiring, and inflation". There will as always be attention paid to mentions of participants' criteria to hike further, or alternatively, to be satisfied that rates are sufficiently restrictive to return inflation to target. While softer-than-expected employment and inflation data since the meeting have firmed market expectations that the Fed will pause for a third consecutive meeting in December, the minutes may strike a more balanced tone, reminding that the fight against inflation is not yet over and the Committee retains a bias towards further tightening.

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TUESDAY - FOMC MINUTES

The Minutes to the November FOMC meeting out Tuesday will be scrutinized for further insight into how participants viewed the impact of tighter financial conditions on the outlook, particularly given that they were added to the Statement as a factor that was "likely to weigh on economic activity, hiring, and inflation". There will as always be attention paid to mentions of participants' criteria to hike further, or alternatively, to be satisfied that rates are sufficiently restrictive to return inflation to target. While softer-than-expected employment and inflation data since the meeting have firmed market expectations that the Fed will pause for a third consecutive meeting in December, the minutes may strike a more balanced tone, reminding that the fight against inflation is not yet over and the Committee retains a bias towards further tightening.

Keep reading...Show less