CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium Auction on Tuesday

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

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

September Economic Activity Scheduled At 1130GMT/0730ET

CHILE
  • Chile markets will reopen following the local holiday on Wednesday and given the greenback weakness and outperformance for Latin American currencies during yesterday’s session, the Chilean peso should be supported. Having also closed below a psychological pivot of 900 on Tuesday, USDCLP could well extend its short-term downward momentum, with the Peso’s strength underpinned by a relatively hawkish central bank last week, bolstered by the moves to contain local currency weakness.
  • This thesis could only be challenged by a particularly weak economic activity (Imacec) figure. Monthly data should show activity is levelling off this year after a sharp downturn in 2022, although risks remain to the downside. Data point to a small quarter on quarter advance after -0.3% growth in 2Q — narrowly avoiding recession. Data will cross at the bottom of the hour:
    • Sept. Economic Activity YoY, est. -0.5%, prior -0.9%; MoM, est. 0.2%, prior -0.5%.
    • Separately, President Gabriel Boric meets with US President Joe Biden in Washington.
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.