FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

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MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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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Bounce Continues

EQUITIES
  • Asian markets closed higher, with Japan's NIKKEI up 636.46 pts or +2.32% at 28084.47 and the TOPIX up 34.38 pts or +1.86% at 1883.42. China's SHANGHAI closed up 60.84 pts or +1.77% at 3490.376 and the HANG SENG ended 308.9 pts higher or +1.11% at 28027.57.
  • European bourses are gaining, with the German Dax up 55.35 pts or +0.36% at 15235.57, FTSE 100 up 55.51 pts or +0.8% at 7018.39, CAC 40 up 36.04 pts or +0.57% at 6323.17 and Euro Stoxx 50 up 20.98 pts or +0.53% at 3966.93.
  • U.S. futures continue to claw back recent losses, with the Dow Jones mini up 154 pts or +0.45% at 34092, S&P 500 mini up 24.75 pts or +0.6% at 4132, NASDAQ mini up 114 pts or +0.87% at 13214.25.
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