CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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

Morning Summary: Investors To Carefully Look At The June Inflation Report

HUNGARY
  • Covid daily new cases continue to decrease with the 7D SMA falling to 1,100 (lowest level since early February), down from 9,300 (March 26 high) and from 1,700 the previous week. The number of people who received at least one dose of the Covid vaccines surpassed 4.3mil on Sunday, which has led to a gradual reopening of the economy.
  • At 9.30am (London time), Cabinet Minister Gergely Gulyas to hold press conference on latest government plans, pandemic (BBG).
  • EC review Hungary GDP growth forecast for 2021 to the upside in its spring economic forecast; EC expects Hungary to grow by 5% this year, up from 4% in the previous projections, and by 5.5% in 2022.
  • After April inflation surged to 5.1%, its highest level since 2012 and exceeding the 4.8% median estimate in Bloomberg, NBH policymakers said that the next central bank's inflation report in June will be 'key' for assessing the inflationary impact on the economy. Policymakers will certainly use appropriate tools in case inflation starts to persist and constantly overshoot estimates.
  • This morning, the NBH is expected to keep its 1W deposit rate steady at 0.75% at its weekly meeting.
BulletEM BulletEmerging Market News
BulletEM BulletEmerging Market News

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.