Trial now
SOUTH AFRICA

SAGBs Firm at the Open, Risk Premia Ease W/W

USD

Better selling on the European open

BUNDS

Day ahead

SILVER TECHS

Bear Flag Formation

CBR

Nabiullina Speaks at CBR Presser:

  • INFLATION PICTURE IS CONTRADICTORY
  • CURRENT CPI IS WAY ABOVE OUR OCT. FORECAST
  • LABOR SHORTAGE IN SOME AREAS AFFECTS INFLATION
  • ONE-OFF FACTORS IMPACT MAY BE EXTENDED IN TIME
  • INFLATION SEEN AT 5% IN 1Q 2021
  • MEDIUM-TERM INFLATION FACTORS REMAIN THE SAME
  • HARD TO SAY NOW IF ROOM FOR CUTS REMAINS
  • TOO MANY UNCERTAINS IN ECONOMY, INFLATION NOW
  • POLICY TO REMAIN ACCOMODATIVE IN 2021
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com