CANADA FLASH Q2 GDP ANNUALIZED +2.2%

MNI China Daily Summary: Wednesday, July 31

MNI BRIEF: BOJ To Raise Further, No Clues on Timing - Ueda

MNI: PBOC Net Injects CNY185.57 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1346 Weds; -1.39% Y/Y

MNI BRIEF: China July PMI Contracts For Third Straight Month

MNI:US Q2 EMPL COST INDEX 0.9% V Q1 1.2%

MNI: CANADA MAY GROSS DOMESTIC PRODUCT +0.2% MOM

Blinken-US Uninvolved & Unaware Of Haniyeh Elimination Beforehand

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

USDCLP Opens Sharply Lower, As Copper Rebounds

CHILE
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
  • The Chilean peso has opened on the front foot Wednesday, aided by a 2.2% rebound in copper prices, with USDCLP currently trading 0.7% lower on the day at around 947. Initial support for USDCLP is at 935.84, the 50-day EMA.
  • Coming up at 1400BST(0900ET) are key activity data for June, including IP, retail sales and labour market figures. Following that, the Finance Ministry will present the Q2 Public Finance Report before the Senate’s Finance committee at 1430BST, ahead of the BCCh interest rate decision this evening (2300BST).
  • Separately, Chile sold CLP 2.1tn ($2.2bn) of CLP-denominated bonds yesterday, including a new bond due Oct 2029 and the reopening of a social bond due April 2033, according to a finance ministry statement. Bonds were 3.2x oversubscribed, reaching $7bn in offers.
126 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.
  • The Chilean peso has opened on the front foot Wednesday, aided by a 2.2% rebound in copper prices, with USDCLP currently trading 0.7% lower on the day at around 947. Initial support for USDCLP is at 935.84, the 50-day EMA.
  • Coming up at 1400BST(0900ET) are key activity data for June, including IP, retail sales and labour market figures. Following that, the Finance Ministry will present the Q2 Public Finance Report before the Senate’s Finance committee at 1430BST, ahead of the BCCh interest rate decision this evening (2300BST).
  • Separately, Chile sold CLP 2.1tn ($2.2bn) of CLP-denominated bonds yesterday, including a new bond due Oct 2029 and the reopening of a social bond due April 2033, according to a finance ministry statement. Bonds were 3.2x oversubscribed, reaching $7bn in offers.