MNI BRIEF: US Budget Deficit At $1.15T Thru Feb

MNI BRIEF: BOC Saw Little Need For A 50BPs Rate Cut

BOC DID NOT SERIOUSLY CONSIDER A 50BP RATE CUT- MACKLEM

CORRECTED-MNI BRIEF: Brazil's Inflation Rises To 5.06% In Feb

MNI China Daily Summary: Wednesday, March 12

MNI BRIEF: China To Boost Environmental Equipment Industry

MNI: US FEB TREASURY BUDGET -$307.0B

EZ/UK T-Bill Calendar: 1/3/6-month UKTB Due Thursday

EZ/UK Bond Supply Calendar: Greece Synd / Italy Auction Thurs

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

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

LATAM: Summary – January 23

LATAM
BulletEM BulletEmerging Market News
  • Mexico bi-weekly CPI data for the first half of January take the focus on Thursday, with the headline rate expected to fall to 3.72% y/y, while core inflation holds steady around 3.69% y/y. Elsewhere, the BCCh publishes its traders’ survey ahead of the Jan 28 MPC meeting, where expectations are that the easing cycle will be paused. Argentina November economic activity is also due.
  • In the G10, weekly US jobless claims data and Canadian retail sales are the calendar highlights, although more attention will likely be paid to Trump's video-link appearance at the World Economic Forum in Davos, which is set for 1600GMT(1100ET).
  • The USD Index holds above the weekly low, but remains comfortably off the year's best levels. That said, the underlying uptrend remains intact given the stabilisation above the 50-dma support this week. The upswing in near-term momentum remains a key driver here and notably the premium for the 50-dma over the 200-dma is at a new cycle high today (~2.8%) and the largest since late 2022.
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.
  • Mexico bi-weekly CPI data for the first half of January take the focus on Thursday, with the headline rate expected to fall to 3.72% y/y, while core inflation holds steady around 3.69% y/y. Elsewhere, the BCCh publishes its traders’ survey ahead of the Jan 28 MPC meeting, where expectations are that the easing cycle will be paused. Argentina November economic activity is also due.
  • In the G10, weekly US jobless claims data and Canadian retail sales are the calendar highlights, although more attention will likely be paid to Trump's video-link appearance at the World Economic Forum in Davos, which is set for 1600GMT(1100ET).
  • The USD Index holds above the weekly low, but remains comfortably off the year's best levels. That said, the underlying uptrend remains intact given the stabilisation above the 50-dma support this week. The upswing in near-term momentum remains a key driver here and notably the premium for the 50-dma over the 200-dma is at a new cycle high today (~2.8%) and the largest since late 2022.