TRUDEAU SAYS IT LOOKS LIKE BOC WILL BE LOWERING RATE AGAIN

MNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

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

PPI Data on the Docket; Central Bank to Report on Inflation Expectations

RUSSIA
  • “Today, relations between Russia and China are at an unprecedented high level,” Prime Minister Mishustin told Premier Li Qiang on Wednesday. “They are characterized by mutual respect of each other’s interests, the desire to jointly respond to challenges, which is associated with increased turbulence in the international arena, and the pattern of sensational pressure from the collective West.”
  • “Considering changes in the structural liquidity surplus and in order to maintain the downward trend in the share of foreign currency on credit institutions’ balance sheets, the Bank of Russia will increase the required reserve ratios from 1 June 2023” a statement by the CBR read yesterday.
  • President Vladimir Putin meets his Belarusian counterpart Alexander Lukashenko in Moscow today and Putin will also take part in the Eurasian Economic Forum in Moscow. According to Interfax, Mishustin may meet with President Xi Jinping in China. Bloomberg report that the central bank will report on inflation expectations and the banking sector.
  • The Federal Statistics Office will report PPI data at 1700BST/1900 local time. A 13.7% y/y contraction in producer prices is expected compared to a 10.7% drop prior. The monthly figure is seen rising 2.1% (Prior: 2.6%). Weekly CPI data is also on the docket.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.