Key data ahead in EM – BBH

FXStreet (Barcelona) - The Brown Brothers Harriman Team previews the key data ahead in Emerging Markets.

Key Quotes

“Singapore reports January trade Tuesday, with NODX expected to rise 1.7% y/y vs. 2.3% in December. We look for another adjustment in its S$NEER trading band to loosen policy further.”

“Bank Indonesia meets Tuesday and is expected to keep rates steady at 7.75%.”

“Bank of Korea meets Tuesday and is expected to keep rates steady at 2.0%.”

“Russia reports January IP Tuesday, expected to rise 0.7% y/y vs. 3.9% in December. It then reports January retail sales Wednesday, expected to fall -1.9% y/y after rising 5.3% in December.”

“Malaysia reports January CPI Wednesday, expected to rise 1.8% y/y vs. 2.7% in December.”

“South Africa reports January CPI Wednesday, expected to rise 4.5% y/y vs. 5.3% in December. It also reports December retail sales, expected to rise 2.4% y/y vs. 2.6% in December.”

“Poland reports January IP and retail sales Wednesday. The former is expected to rise 2.6% y/y, while the latter is expected to rise 0.9% y/y. “