Emerging markets
https://my.mnimarkets.com/dashboard?widget=/bullets/em-bulletsReal-time insight of emerging markets in CEMEA, Asia and LatAm region.
EM Bullets
The range Friday night for USD/SGD was 1.2660 - 1.2699, Asia is currently trading around 1.2665. The USD/SGD bounce stalled again toward the 1.2700 area on Friday overnight. Price looks a little stretched but the trend remains lower and with the USD pulling back the downtrend is looking to reassert itself. In today's session, the 1.2670-1.2690 area will need to hold if the bears are to attempt a challenge of the 1.2635-55 support in order to move back to the lows. * The USD/SGD Average True Range for the last 10 Trading days: 47 Points * Data: CPI Fig 1 : USD/SGD Spot Daily Chart Source: MNI - Market News/Bloomberg Finance L.P
Feb-22 21:53* South Korea to Sell KRW1.5 tn 5-Year Bonds * Bank of Korea to Sell 500B Won Zero-Coupon 91-Day Bonds * Thailand to Sell THB20 bn of 182-Days Bills * Taiwan to Sell NT$30 Billion 5-Year Bonds * Philippines to Sell 91-Day Bills * Philippines to Sell 182-Day Bills * Philippines to Sell 364-Day Bills
Feb-22 21:34--------------------------------------------------------------- 0200GMT 0900HKT 1100AEDT South Korea Imports 20 Days YoY 0200GMT 0900HKT 1100AEDT South Korea Exports 20 Days YoY 0530GMT 1230HKT 1430AEDT Thailand Customs Exports YoY JAN 0530GMT 1230HKT 1430AEDT Thailand Customs Imports YoY JAN 0530GMT 1230HKT 1430AEDT Thailand Customs Trade Balance 0700GMT 1400HKT 1600AEDT Singapore CPI YoY JAN 0700GMT 1400HKT 1600AEDT Singapore CPI NSA MoM JAN 0700GMT 1400HKT 1600AEDT Singapore CPI Core YoY JAN source: Bloomberg Finance LP / MNI
Feb-22 21:34----------------------------------------------------------------------- 2145BST 0545HKT 0845AEDT New Zealand Q4 Retail Sales Ex Inflation 0000BST 0800HKT 1100AEDT South Korea Feb First 20days Trade Source: Bloomberg Finance L.P./MNI
Feb-22 21:16Central Bank
The NBH is expected to cut the base rate by 25bps to 6.25% - the first cut since September 2024.
February 20, 2026 15:25The BCRP is widely expected to leave its benchmark reference rate unchanged at 4.25% for a fifth consecutive meeting.
February 11, 2026 20:03The CBR is expected to keep the key rate unchanged at 16%, though sell-side consensus is far from unanimous.
February 11, 2026 10:39The MPC has a lot to digest, keeping them on hold today.
February 06, 2026 02:02Market Analysis
Mexico and Brazil Mid-Month CPI, Banxico QIR
Feb-20 16:51The NBH is expected to cut rates for the first time since Nov'2024. South Africa's FinMin presents the annual budget.
Feb-20 15:51South Africa CPI inflation data for January provides the highlight across the CEEMEA region next week.
Feb-13 17:34The major data releases and events scheduled across LatAm next week.
Feb-13 17:32Political Risk
MNI's Political Risk team outlines the major political events scheduled throughout the year in 2026
December 31, 2025 14:42We look at ten big takeaways from the Budget. Increasing taxes and energy bills into an election looks questionable
November 28, 2025 13:07The UK Budget s the biggest domestic event of 2025. We answer main questions, outline potential measures and impacts.
November 21, 2025 17:00Speaking to the presidents of the political groups in the Senate on 5 November, PM Sebastien Lecornu said a vote of censure against the gov't or a defeat of the 2026 budget in parliament "will amount to dissolution", and that he "will not be the Prime Minister who makes a handover of power with [far-right National Rally President] Jordan Bardella". * Le Parisien reports : https://www.leparisien.fr/politique/sebastien-lecornu-assure-quil-ne-sera-pas -le-premier-ministre-qui-fera-une-passation-de-pouvoir-avec-jordan-bardella-0 6-11-2025-EUEWSHOWCNHC5BRRYG4ZYMIKCA.phpthat Lecornu said, "I don't want to use Article 49.3, I don't want executive orders". As part of his return to the Matignon, Lecornu foreswore the use of Art. 49.3 to push through the budget without a vote in parliament. * His comment on 'executive orders' may refer to Art. 47 of the Constitution. Under this, if the finance bills are not passed within 70 days of submission, they can be implemented via ordinance. The 14 October submission sets a 23 Dec deadline. * Majority approval for the budget remains extremely uncertain. The left scored a notable win on 5 Nov, securing an increase in the generalised social contribution (CSG): https://www.bfmtv.com/economie/economie-social/budget-de-la-secu-l-assemblee- nationale-adopte-une-hausse-de-csg-sur-les-revenus-du-capital_AD-202511050966 .html, which it intends to pay for the suspension of the 2023 pension reforms. * The amendment passed with the backing of leftist deputies, as well as a sizeable number of lawmakers from the centrist pro-Macron parties. * However, conservatives have objected with Les Republicains leader Bruno Retailleau calling it an "organised tax heist", Horizons leader and 2027 presidential candidate Edouard Philippe saying the measure was "fiscal madness", and prominent LR President of the Hauts-de-France region Xavier Bertrand saying parliament was "a madhouse".
November 06, 2025 13:01Election Previews
PM Takaichi looks to secure a majority for the LDP in 8 Feb election to ease passage of her fiscal stimulus agenda
Feb-05 15:36Election sets up a 3-way contest between progressives, populists, and conservatives that will influence policy direction
Feb-04 16:51First round election on 16 November could set up another far-left vs. far-right contest for the presidency
Nov-13 13:03Centrist parties look set to make gains at expense of populists, lengthy coalition negotiations expected after election.
Oct-28 16:17
