MNI BRIEF: BOC Governor Tiff Macklem Opening Statement

MNI BRIEF: Text of Bank of Canada Interest-Rate Decision

BOC CUTS RATE 50BPS TO 3.25%, SEES GRADUAL APPROACH FROM HERE

MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

MNI: US NOV SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.342%

MNI: US NOV CPI UNROUNDED M/M 0.313%, CORE 0.308%

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

Progress On Payroll Tax Discussion Awaited

BRAZIL
  • USDBRL traded in a tight range (4.9500-4.9250) yesterday as the market waits for progress on the government’s payroll tax measures. Having been due to meet with President Lula yesterday, Finance Minister Haddad has said that he wants to speak with Lower House Speaker Lira by tomorrow. Brazilian assets were also supported by better-than-expected broad retail sales data for November (+1.3% m/m vs. +0.5% exp.), reflecting a 4% rise in auto and parts sales. Itaú suggest that the carry over for broad sales for 4Q23 now stands at +1.0%.
  • For today, the economic calendar is light, with no releases scheduled. Economic activity data for November is scheduled on Friday. Lula is due to attend a ceremony to mark Petrobras resuming investments in an area of Pernambuco state (1730GMT).
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.