MNI China Daily Summary: Monday, November 18

MNI BRIEF: China’s October Youth Employment Rate Remains High

MNI BRIEF: Beijing Retail Sales Growth Decline Narrows In Oct

MNI: PBOC Net Injects CNY38.9 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1907 Mon; +0.11% Y/Y

CHINA PBOC CONDUCTS CNY172.6 BLN VIA 7-DAY REVERSE REPOS MON

Japan Sep Machine Orders -0.7% M/M

EZ/UK Bond Supply Calendar: EU Synd; SK, BE Auction on Monday

MNI: US SEP BUSINESS INVENTORIES +0.1%; SALES +0.3%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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

RBI: Meeting Preview: Remain on Hold, Bias Change to Cut.

RBI
IndiaGlobalEM BulletBulletAPACEmerging Market NewsRegion
  • Expect the RBI to remain on hold at next week's meeting, with the bias now moving to cut.
  • GDP has softened, though the monsoon rains have been good and likely to start to see the impacts of the expenditure from the recent budget flow through.
  • CPI has moderated, as has wholesale prices. Currently sitting around mid part of the target for the RBI.
  • Area to watch will be how the two new voting members vote given there is limited understanding of their bias.
  • Today's services PMI whilst softer, should not have a material impact on the decision.  
96 words

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.
  • Expect the RBI to remain on hold at next week's meeting, with the bias now moving to cut.
  • GDP has softened, though the monsoon rains have been good and likely to start to see the impacts of the expenditure from the recent budget flow through.
  • CPI has moderated, as has wholesale prices. Currently sitting around mid part of the target for the RBI.
  • Area to watch will be how the two new voting members vote given there is limited understanding of their bias.
  • Today's services PMI whilst softer, should not have a material impact on the decision.