MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

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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ANO Look To File Constitutional Complaint Over Pension Bill In Early May

CZECHIA
  • Leaders of the main opposition ANO movement said that their complaint to the Constitutional Court over the government's controversial pension reform will likely be ready in early May. Head of ANO's parliamentary caucus Alena Schillerova said that the movement "want it to be filed as soon as possible, but it cannot be at the expense of quality." The constitutional complaint can be filed only after the law is gazetted, which should happen in the coming days.
  • In a university lecture last Friday, CNB Deputy Governor Jan Frait said that global central banks should reconsider their approach to managing inflation as they "have lost price stability in the last two years." The official called for placing greater emphasis on "mid-term and long-term fundamental factors, not just estimates of inflation in two years generated by a macro-economic model of one type or another."
  • In the absence of any local data releases, the focus will turn to comments from Czech officials. President Petr Pavel will hold a press briefing at 10:45GMT/11:45CET, while lower house speaker Marketa Pekarova Adamova will discuss her upcoming visits to South Korea and Taiwan at 11:00GMT/12:00CET.
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