MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

CHINA YTD NEW LOANS CNY17.1 TRLN VS MEDIAN CNY17.5 TRLN: PBOC

MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

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

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

Rand Garners Strength Ahead Of US CPI, Local Data Releases

ZAR

Spot USD/ZAR falters as risk sentiment has revived ahead of the release of US CPI data later today. The pair last deals at 18.7938, down ~1,890 pips on the day, after failing to close above the 19.00 figure yesterday. Bears set their sights on the 20-EMA at 18.4104. On the flip side, Jul 7 high of 19.1533 provides the initial topside target.

  • From a cross-asset perspective, the composite BBG Commodity Index has inched higher, with the precious metals subindex up ~0.2%. SAGB yields are lower across the curve, with 10-year breakeven inflation rate last seen at 6.49%. The FTSE/Africa All Share Index has added ~0.9% this morning.
  • South Africa's June mining data will be published at 10:30BST/11:30SAST, with manufacturing data coming up at 12:00BST/13:00SAST.
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.