EM LATAM CREDIT: IMF: ARGENTINA MUST DO MORE TO BRING DOWN INFLATION

Jan-17 14:51

"*IMF: ARGENTINA MUST DO MORE TO BRING DOWN INFLATION
*IMF CHIEF ECONOMIST GOURINCHAS SPEAKS IN BRIEFING" - BBG

ARGENT 4.125% 2035, $67.49, -.02

 

Historical bullets

ECB: Details Of Wage Tracker Publishing Released

Dec-18 14:43

As noted by Chief Economist Lane in today's webcast with the MNI Policy Team, the ECB will begin publishing its wage trackers on a regular basis.

Link to press statement: https://www.ecb.europa.eu/press/pr/date/2024/html/ecb.pr241218_1~1acca7fac8.en.html

  • "Indicators to be published regularly in week following monetary policy meeting, on Wednesday at 10:00."
  • "December ECB wage tracker suggests negotiated wage pressures will ease overall in 2025 compared with 2024."
  • "It currently points to strong negotiated wage growth of 4.7% in 2024 (based on an average coverage of 47.4% of employees in participating countries), easing to 3.2% in 2025 (based on an average coverage of 32%)".
  • "The ECB wage tracker with unsmoothed one-off payments indicates an average negotiated wage growth level of 4.8% in 2024, which eases to 2.7% in 2025".

GILTS: Call spread buyer

Dec-18 14:42
  • G G5 97.50/98.50cs, bought for 4 in 2.8k.

This was bought for 4 and 4.5 in over 10k Yesterday

SONIA: Latest SONIA Options

Dec-18 14:32
  • 0NM5 96.10/96.30/96.50c fly, bought for 2.25 in 2k.
  • 0NM5 96.10/96.30cs, bought for 7.25 for 4k.