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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.
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Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
SUMMARY 1/3 - Mex Retail Sales, Brazil Mid-Month IPCA
MEXICO - Another solid bounce in USDMXN saw the pair back above 20.00 and testing towards the year's highs at 20.2611 yesterday. Despite the pullback in equities, USDMXN consolidated it's gains and closed towards the upper end of the daily range up 0.75% on the day. New highs made overnight at 20.2915.
- 1200GMT/0700ET - Mexico Nov. Retail Sales Expected 1.8% m/m vs prior -1.4%.
BRAZIL - Brazil returns from Sao Paulo City Anniversary holiday. USDBRL made fresh new highs for 2021 above 5.52 yesterday in a very subdued session. Swaps curve will digest the minutes released earlier which had a potential hawkish development with some members discussing normalisation.
Markets will await the mid-month IPCA inflation readings for further evidence of the surge in inflation and the continued pressure it places on the central bank.
- Inflation IPCA-15 m/m Expected 0.82% vs prior 1.06%
- Inflation IPCA-15 y/y Expected 4.34% vs prior 4.23%
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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.