MNI China Daily Summary: Wednesday, November 27

MNI: GERMANY GFK DECEMBER CONSUMER CLIMATE -23.3

MNI BRIEF: BOJ’s JGB Unrealised Loss Rises To JPY13.7 Tlrn

RPT:- MNI NOV CHINA MONEY MARKET INDEX 53.5 VS OCT 38.4

MNI NOV CHINA MONEY MARKET INDEX 53.5 VS OCT 38.4

MNI BRIEF: China Profits Fall In October Y/Y

MNI: FRANCE NOV CONSUMER SENTIMENT 90

RBNZ SEES RISK OF MID-TERM INFLATION VOLATILITY

MNI: RBNZ CUTS OCR 50BP TO 4.25%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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

PHILIPPINES:  CPI Paves Way for a Further Cut.

PHILIPPINES
GlobalEM BulletPhilippinesBulletAPACEmerging Market NewsRegion
  • Today’s decline in CPI to 1.9% was much larger than expected.
  • August’s CPI printed at 3.3% and consensus for September was 2.5%.
  • The BSP surprises markets with a cut in rates at their last meeting.
  • Today’s CPI release is below the BSP’s target of 3% +/- 1% and potentially paves the way for for another cut.
  • It is a busy period for Central Banks over the coming weeks and with the next BSP meeting on 16 October, it will be interesting to see if a cut is forthcoming given today’s release. 
90 words

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.
  • Today’s decline in CPI to 1.9% was much larger than expected.
  • August’s CPI printed at 3.3% and consensus for September was 2.5%.
  • The BSP surprises markets with a cut in rates at their last meeting.
  • Today’s CPI release is below the BSP’s target of 3% +/- 1% and potentially paves the way for for another cut.
  • It is a busy period for Central Banks over the coming weeks and with the next BSP meeting on 16 October, it will be interesting to see if a cut is forthcoming given today’s release.