MNI BRIEF: BOE Ramsden Could Back Faster Rate Cuts

MNI China Daily Summary: Wednesday, November 20

MNI BRIEF: Chinese Aluminium Exporters To Renegotiate Prices

MNI: PBOC Net Injects CNY69.1 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1935 Weds; +0.09% Y/Y

US EIA: CRUDE OIL STOCKS EX SPR +0.54M TO 430.3M NOV 15 WK

MNI: US MBA: MARKET COMPOSITE +1.7% SA THRU NOV 15 WK

MNI: EUROZONE SEP CONSTRUCTION OUTPUT -0.1% M/M, -1.6% Y/Y

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

Summary – April 03

LATAM
  • Brazil IP data for February will cross on Wednesday, followed by the March services PMI. Mexico gross fixed investment figures for January will also be released, while in Chile the central bank will publish its Q1 monetary policy report. In the US, the ISM services index and final March PMI data take the focus. The central bank speaker slate will be of note, with the Fed's Powell speaking on the economic outlook from Stanford, while Bostic, Bowman, Goolsbee, Barr and Kugler are also set to make appearances.
  • Global News:
    • TAIWAN – Taiwan’s strongest earthquake in a quarter century levelled dozens of buildings on the eastern side of the island, killing at least four people and disrupting semiconductor production at some of the world’s leading chipmakers. The quake measured 7.4 in magnitude, according to the US Geological Survey, which pinned the epicenter near the eastern city of Hualien.
    • CHINA – Focus in Asia-Pac has been on the persistent weakening of the CNY, which approached the upper-end of the 2% trading band for a second consecutive session on Wednesday. The PBOC's statement reiterated their stance that they would "resolutely" correct pro-cyclical behaviour and prevent the risk of the FX rate overshooting.
    • JAPAN (MNI) – The BoJ would consider raising its policy rate from zero to 0.1% should services prices data due on April 26 indicate significant upside risks to prices, but a weaker yen is likely to prompt little more than jawboning while underlying inflation remains below 2%, MNI understands. The central bank will update its medium-term outlook, including its first inflation forecast for fiscal 2026, at the April 25-26 meeting.
    • NATO (MNI) – Delivering doorstep comments at the NATO Foreign Ministers' Meeting in Brussels, Secretary General Jens Stoltenberg seemed to confirm earlier reporting that NATO will seek to put together a significant joint fund to support Ukraine. He stated that ministers are to 'discuss a multi-year financial commitment to sustain Ukraine and support NATO.
BulletEM BulletEmerging Market NewsHomepageBank of Japan (BOJ) Market News
BulletEM BulletEmerging Market NewsHomepageBank of Japan (BOJ) Market News

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.