LATAM FX Week Ahead

Major events for the week ahead:

• Monday 10: Chinese bank holiday, Colombian bank holiday, US wholesale inventories and sales, Mexican nominal wages & trade balance, BCB weekly survey of economists, IGP‐M CPI, CNI capacity utilization,
• Tuesday 11: Chinese bank holiday, Mexican industrial production and manufacturing production, BCCh monthly survey of economists, Colombian consumer confidence (June 11—14), Peruvian trade balance.
• Wednesday 12: Chinese bank holiday, US advance retail sales, ANTAD same‐store sales, Brazilian Serasa consumer credit delinquencies, BCCh bi‐weekly traders’ survey.
• Thursday 13: Chinese actual FDI (June 13—18), Brazilian retail sales, BCCh nominal overnight target rate, BCRP MPC meeting—reference rate decision.
• Friday 14: US industrial production, current account, U. Michigan consumer confidence, Brazilian monthly economic activity, CAGED formal job creation, BanRep’s MPC meeting minutes, Colombian outstanding loans (June 14—21), Peruvian monthly economic activity index.

Read full report: FX Daily

 

Scotiabank