MNI: PBOC Net Drains CNY51.03 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1364 Tues; -1.28% Y/Y

CHINA PBOC CONDUCTS CNY216.27 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1364 TUES VS 7.1316

MNI China Daily Summary: Monday, July 29

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: FRANCE Q2 FLASH GDP +0.3% Q/Q, +1.1% Y/Y

MNI: FRANCE JUN CONSUMER SPENDING -0.5% M/M, -1% Y/Y

Australia Jun Total Dwelling Approved -6.5%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

Presidential Candidates Unite In Criticism Of Bolsonaro

BRAZIL
  • Brazilian assets rallied on Friday with USDBRL closing back below 5.60 and the long end of the DI curve seen lower by around 25 basis points. Optimism for emerging markets provided a rejuvenated optimism from market participants, despite the continued fiscal/covid uncertainties lingering in the background.
  • In the latest central bank focus survey, expectations for inflation were revised slightly higher:
    • Brazil economists forecast 4.92% 2021 inflation; prior 4.85%
    • Brazil economists forecast 3.60% 2022 inflation; prior 3.53%
  • Presidential candidates unite in attacks on Bolsonaro – (ESTADAO)
  • *Former Finance Minister Ciro Gomes and Governors participated in the closing panel of the seventh edition of the Brazil conference – an event organised by the community of Brazilian Students in Boston, in partnership with Estadao.
  • *Participants made harsh criticisms of President Bolsonaro and the conduct of the federal government in the management of the pandemic and in areas sensitive to the country's development, such as the environment, foreign relations and education.
  • *They also spoke of "convergence" in a country project and to defeat Bolsonaro in the 2022 election.
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.