Free Trial

Summary 1/2

LATAM

Despite some G10 strength causing the DXY to be up 0.2%, it's important to note the Bloomberg Dollar Index remains marginally in the red and emerging market currency index in positive territory.


MEXICO - Local markets reopen after holiday. USDMXN well sold into above 20.45 yesterday and remains heavy as Equity indices continue their recovery.

  • According to Lopez-Gatell, AMLO's health is evolving 'very well', however Olga Sanchez will continue to lead the daily briefing.
  • 1500GMT/1000ET - Central bank to publish its survey with economist forecasts for growth, inflation and exchange rate.

BRAZIL - USDBRL expected to open lower given the moves in Latam so far today and following the confirmation of the elections overnight.

  • 1200GMT/0700ET December Industrial Production:
    • M/M expected -0.4% vs 1.2% prior
    • Y/Y expected 5.5% vs 2.8% prior.

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.