MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI: SWEDEN NOV UNEMPLOYMENT 7.4%

MNI: UK OCT TRADE BALANCE GBP -3.72BN

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

Preliminary Q4 GDP Data Scheduled Tuesday

MEXICO
  • With Banxico’s first meeting of the year not until February 08, the focus on the domestic calendar this week is tomorrow’s preliminary release of Q4 GDP. Data is expected to show growth cooling in the final quarter of last year to 0.4% Q/q, bringing the annual reading down to 3.0% from 3.3% previously. JPMorgan noted that there are only a few December activity indicators out already, most of them soft data, but they generally point to a pickup in momentum going into this year.
  • While the majority of analysts continue to expect a resilient Mexican peso, markets have started to consider the risks posed by both elections in the Mexico and the US. As such, the second half of January has seen USDMXN consolidating moderate gains above the 17.00 handle. 17.05 and 17.56 remain the short-term technical parameters to be aware of as we approach the FOMC meeting this week.
  • In other news, US regulators tentatively denied the review of a joint venture between Delta Air Lines Inc. and Grupo Aeromexico SAB because of a dispute over Mexico’s aviation rules. - BBG
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.