MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

US NFIB NOV SMALL BUSINESS INDEX 101.7

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% Y/Y

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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Chinese Docket Light, Singapore CPI Due Today

ASIA

The docket in China is light this week, elsewhere we have Q3 GDP from South Korea and CPI from Singapore

  • China - The only release of note this week is September Industrial Profits which is due on Friday.
  • South Korea - Due this morning is October's first 20 days Terms of Trade. Due tomorrow we have September CPI, further out November BUsiness Survey crosses on Wednesday and on Thursday the Advance read of Q3 GDP is due.
  • Taiwan - On the wires this evening is September Industrial Production, a fall of 8.39% Y/Y is expected, and September Unemployment, there is no estimate. Further out tomorrow September Money Supply crosses and on Friday the docket is rounded off by the September Monitoring Indicator.
  • Singapore - September CPI is due this afternoon, headline inflation is forecast to tick marginally higher to 4.1% Y/Y from 4.0%. There is no estimate for the Core measure which came in at 3.4% Y/Y in August. Further out on Thursday September Industrial Production is due before Q3 Home Prices on Friday.
  • India - The local docket is empty this week.
  • Indonesia - The local docket is empty this week.
  • Thailand - Trade Balance from September crosses tomorrow, a surplus of $990mn is expected. Further out the docket is thin this week with just week Foreign Reserves due.
  • Malaysia - The local docket is empty this week.
  • Philippines - September's Budget Balance on Wednesday is the only release of note this week.
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