CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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A week packed with speakers

BUNDS
  • Bund is in the green as we start the week, and outlook is so far unchanged, with next target seen towards 169.50.
  • Equities have fully recovered last week's falls, despite some hawkish tone last week, no reflation fear so far.
  • We have no tier 1 data out of Europe this morning, EU M3 is normally one of the busiest data, but not in crisis.
  • Most of the focus will be on US Durable goods.
  • This week is also packed with speaker, which also includes the ECB Forum on Central Banking.
  • Also Month End comes into play (will update).
  • SUPPLIES: Europe EU2.5bn 2026, Belgium, 10, 15, 30yr, and US $61bn 5yr.
  • SPEAKERS: Lagarde, de Cos, Panetta, {us} Fed Evans, Williams, Brainard, BoE Bailey
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