LATAM: Brazil Central Government Budget Balance Due, BCCh President Speaks

Apr-29 10:40
  • Brazil’s April IGP-M general prices are scheduled today before the central government budget balance data is expected. Argentine President Javier Milei’s new omnibus bill will be debated in the lower house of congress and Chile Central Bank Governor Rosanna Costa is due to speak about the economy. Key attention this week will rest on Wednesday’s Fed meeting and press conference, as well as Friday’s release of NFP.
  • Markets have been dominated by the significant swings for the Japanese yen on Monday amid strong indications of intervention form the Japanese Ministry of Finance, although no official confirmation has been provided on this front. The USD index trades roughly 0.25% lower and is broadly reflected by a small move lower for USDMXN to start the week.

Historical bullets

MNI: POWELL SAYS PCE INFLATION CAME IN LINE WITH EXPECTATIONS

Mar-29 15:26



  • MNI: POWELL SAYS PCE INFLATION CAME IN LINE WITH EXPECTATIONS

MNI: US FEB PERSONAL INCOME +0.3%; NOM PCE +0.8%

Mar-29 12:30



  • MNI: US FEB PERSONAL INCOME +0.3%; NOM PCE +0.8%
  • US FEB PCE PRICE INDEX +0.3%; +2.5% Y/Y
  • US FEB CORE PCE PRICE INDEX +0.3%; +2.8% Y/Y
  • US FEB UNROUNDED PCE PRICE INDEX +0.333%; CORE +0.261%

FRANCE AUCTION PREVIEW: On offer next week

Mar-29 10:32

E11.0-12.5bln of LT OATs on Thursday 4 April (a slightly smaller auction than in February or March):

  • the 3.50% Nov-33 OAT (ISIN: FR001400L834)
  • the 3.25% May-55 OAT (ISIN: FR001400OHF4)
  • the 4.00% Apr-60 OAT (ISIN: FR0010870956)
  • the 1.75% Jun-39 Green OAT (ISIN: FR0013234333)
Up to E7.2bln of 13/22/24/51-week BTFs on offer Tuesday 2 April:
  • E3.1-3.5bln of the new 13-week Jul 3, 2024 BTF
  • E0.1-0.5bln of the 22-week Sep 4, 2024 BTF
  • E1.3-1.7bln of the 24-week Sep 18, 2024 BTF
  • E1.1-1.5bln of the 51-week Mar 26, 2025 BTF