Mongolian Inflation Rate YoY (Dec) Y/Y 7.5% vs. Exp. 8.0% (Prev. 8.2% )
The Mongolian inflation rate has come in at 7.5% for December, slightly below expectations of 8.0% and down from the previous reading of 8.2%.
US Challenger Job cuts (Dec): 35.55k (prev. 71.3k)
China summons a meeting with BYD (1211 HK), CATL (300750 CH) and Gotion (002074 CH), according to China Daily
Mongolian Inflation Rate YoY (Dec) Y/Y 7.5% vs. Exp. 8.0% (Prev. 8.2% )
India's Foreign Ministry reportedly intends to remove restrictions on Chinese firms bidding for government contracts, according to sources
ECB's de Guindos says the ECB is at inflation target, but uncertainty remains very high
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This miss may indicate a moderating inflation trend, which could influence monetary policy discussions moving forward. Traders should consider how this impacts expectations for future interest rates and the overall economic outlook in Mongolia.
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