MNI China Daily Summary: Wednesday, December 18

MNI BRIEF: China Youth Umemployment Rate Fell In November

MNI CHINA MONEY MARKET INDEX: Easing Expectations Surge

MNI DEC CHINA MONEY MARKET INDEX 36.0 VS NOV 53.5

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MNI: PBOC Net Injects CNY309 Bln via OMO Wednesday

MNI: UK NOV CPI +0.1% M/M, +2.6% Y/Y

JAPAN DATA: Japan Nov Exports +3.8% Y/Y; Imports -3.8% Y/Y

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

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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CANADA DATA: Raw Material Prices In Oct Show Third Straight YOY Decline

CANADA DATA
CanadaData BulletBulletMarketsFixed Income BulletsForeign Exchange BulletsNorth America
  • Canada's Raw Materials Price Index -2.8% YOY in October, third straight decrease.
  • RMPI +3.8% MOM led by crude.
  • Industrial Price Index +1.2% MOM after two prior declines. Biggest monthly growth since April.
  • Increase driven by precious metals, +7.6% amid Middle Eastern conflict, U.S. election uncertainty and interest rate cuts by central banks.
  • IPPI +1.1% YOY was also mainly boosted by precious metals while multiple product groups declined.
  • BOC has premised its rate cuts partly on the idea that companies are scaling back major price increases.
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  • Canada's Raw Materials Price Index -2.8% YOY in October, third straight decrease.
  • RMPI +3.8% MOM led by crude.
  • Industrial Price Index +1.2% MOM after two prior declines. Biggest monthly growth since April.
  • Increase driven by precious metals, +7.6% amid Middle Eastern conflict, U.S. election uncertainty and interest rate cuts by central banks.
  • IPPI +1.1% YOY was also mainly boosted by precious metals while multiple product groups declined.
  • BOC has premised its rate cuts partly on the idea that companies are scaling back major price increases.