EM LATAM CREDIT: Colbun: Mandate FI Investor Meetings

Aug-29 11:54

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(COLBUN; Baa2/BBB/BBB+) "MANDATE: Colbun SA to Hold FI Investor Calls Starting Thursday" - Bbg IPT...

Historical bullets

GLOBAL MACRO: Key Deals Still Outstanding With Two Days to Go

Jul-30 11:46

As Trump confirms that the August 1st tariff deadline will not be extended, we make some tweaks to our list of still-outstanding key deals:

  • Brazil: Talks with US advancing, Lula studying counter-tariffs, contingencies if 50% tariff installed
  • Canada: Negotiations at an "intense phase" as of Monday
  • Chile: Expects copper tariff exception, officials in Washington
  • China: Trump to make call on extension, "a couple" of details still to work out
  • India: Preparing to face higher US tariffs of 20-25% temporarily, US delegation in mid-August. Expects deal by Sept/Oct
  • Mexico: Optimistic, aims for tariff agreement this week. Talks today.
  • Norway: Tariff talks "still ongoing"
  • Singapore: US 'non-committal' on 10% tariff staying, rising or falling
  • South Africa: Remains committed to solution, but is working on response plan including tariff desk for exporters
  • South Korea: Declines to comment on US demands for investment fund, actively discussing a package, hasn't heard whether deadline would be extended
  • UK: Not expecting steel deal during Trump's UK visit
  • Global: Baseline RoW tariff will be 15-20%

US: Trump Underscores August 1st Tariff Deadline

Jul-30 11:45

U.S. President Trump posts the following to Trump Social: "THE AUGUST FIRST DEADLINE IS THE AUGUST FIRST DEADLINE — IT STANDS STRONG, AND WILL NOT BE EXTENDED. A BIG DAY FOR AMERICA!!!"

EURIBOR OPTIONS: ERZ5 97.87 Puts Lifted

Jul-30 11:44

ERZ5 97.87 puts paper paid 1.0 on 18K.