MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI BRIEF: Ontario To Cut U.S. Energy Flows When Tariffs Hit

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI BRIEF: US Budget Deficit $367B In Nov; FYTD Record $624B

MNI China Daily Summary: Wednesday, December 11

MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

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

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

USDCLP Hovering At 50-Day EMA Support, Activity Data Due

CHILE
  • The USDCLP uptrend has remained intact in recent weeks, however, a corrective pullback has been strengthened by the most recent action from the central bank, which included a smaller-than-expected rate cut and additional measures to support the currency. The pair traded below the 20-day EMA on Monday and an extension lower at today’s open is threatening support at the 50-day EMA which intersects at 900.64. Clearance of the 50-day average would signal scope for a deeper pullback and expose 878.00.
  • September’s unemployment rate and a large set of activity data is scheduled to be released at 1200GMT/0800ET:
    • Sept. Unemployment Rate, est. 9.1%, prior 9.0%
    • Sept. Manufacturing Production YoY, est. -3.8%, prior 0.5%
    • Sept. Industrial Production YoY, est. -1.3%, prior 0.3%
    • Sept. Copper Production Total, prior 434,206
    • Sept. Commercial Activity YoY, prior -3.0%
    • Sept. Retail Sales YoY, est. -6.1%, prior -9.1%
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.