MNI: UK CBI JAN DIST TRADE REPORTED SALES -24

MNI China Daily Summary: Friday, January 24

MNI BRIEF: China Electricity Growth Expected At 6% In 2025

MNI:PBOC Net Drains CNY795Bn Via MLF; Injects CNY179Bn Repo

MNI: PBOC Sets Yuan Parity Lower At 7.1705 Fri; -1.62% Y/Y

MNI CBRT WATCH: Turkey CenBank Cuts 1W Repo 250Bps As Expected

MNI: UK CBI JAN DIST TRADE REPORTED SALES -24

MNI: UK JAN FLASH MANUF PMI 48.2 (FCST: 47.0); DEC 47.0

MNI: EUROZONE JAN FLASH MANUF PMI 46.1 (FCST: 45.4); DEC 45.1

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

LATAM: Summary – January 10

LATAM
BulletEM BulletEmerging Market News
  • Brazil IPCA inflation is due on Friday, with the headline rate forecast to remain steady at 4.84% y/y in December. Mexico IP is expected to fall by 1.4% y/y in November, while in Chile the BCCh releases its latest economist survey.
  • In the US, nonfarm payrolls growth is seen at 165k in December as some recent distortions from hurricanes and strikes are increasingly in the rear-view mirror. The unemployment rate is broadly seen holding at 4.2%. Canadian jobs numbers are also due.
  • The dollar index is unchanged as we approach the key labour market data in the US, with EURUSD holding close to 1.0300 into the NY session open. Volatility for the Japanese Yen has been in focus early Friday following a Bloomberg sources piece suggesting that BoJ officials will discuss raising inflation forecasts at its January meeting. USDJPY traded from around 158.40 down to 157.63 briefly on the back of the report, highlighting the growing intervention risks at these levels and the short-term fragility of holding JPY shorts.
167 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.
  • Brazil IPCA inflation is due on Friday, with the headline rate forecast to remain steady at 4.84% y/y in December. Mexico IP is expected to fall by 1.4% y/y in November, while in Chile the BCCh releases its latest economist survey.
  • In the US, nonfarm payrolls growth is seen at 165k in December as some recent distortions from hurricanes and strikes are increasingly in the rear-view mirror. The unemployment rate is broadly seen holding at 4.2%. Canadian jobs numbers are also due.
  • The dollar index is unchanged as we approach the key labour market data in the US, with EURUSD holding close to 1.0300 into the NY session open. Volatility for the Japanese Yen has been in focus early Friday following a Bloomberg sources piece suggesting that BoJ officials will discuss raising inflation forecasts at its January meeting. USDJPY traded from around 158.40 down to 157.63 briefly on the back of the report, highlighting the growing intervention risks at these levels and the short-term fragility of holding JPY shorts.