BRICS Summit

The BRICS is an intergovernamental organization comprising Brazil, Russia, India, China and South Africa (founding members) and Iran, Egypt, Ethiopia, and the United Arab Emirates (new members). The bloc, which intends to give voice the so-called "Global South", is seen as a counterweight to the G7, the group developed economies formed by Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. The BRICS members hold and annual summit, which each state goverment leader attends to.

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Most recent - Thursday 24 October 2024 00:00

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Past events

Date

Thursday 24 October 2024 00:00

Wednesday 23 October 2024 00:00

Tuesday 22 October 2024 00:00

Economic context

Recent economic data has been broadly neutral for CNY. The following recent announcements may affect the market reaction to BRICS Summit:

		Previous	Latest
Consumer Price Index (MoM)	Bearish change	0.7%	-0.2%
Consumer Price Index (YoY)	Bearish change	0.5%	-0.7%
Producer Price Index (YoY)	Bullish change	-2.3%	-2.2%
Exports (YoY) CNY	Bearish change	10.9%	3.4%
Imports (YoY)	Bearish change	1%	-8.4%
Imports (YoY) CNY	Bearish change	1.3%	-7.3%
Trade Balance CNY	Bearish change	752.91B	122B
Trade Balance USD	Bullish change	$104.84B	$170.51B
Exports (YoY)	Bearish change	10.7%	2.3%
Caixin Services PMI	Bullish change	51	51.4
Caixin Manufacturing PMI	Bullish change	50.1	50.8
NBS Manufacturing PMI	Bullish change	49.1	50.2
NBS Non-Manufacturing PMI	Bullish change	50.2	50.4

About BRICS Summit

Country:	China
Currency:	CNY
Source:
Category:	Politics
Frequency:	Irregular

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Calendar - BRICS Summit - China