MNI China Daily Summary: Tuesday, December 31

MNI China Press Digest Dec 31: PBOC, Panda Bonds, EVs

MNI: PBOC Net Injects CNY93.6 Bln via OMO Tues

CHINA DEC MANUFACTURING PMI 50.1 VS 50.3 IN NOV

MNI: PBOC Sets Yuan Parity Lower At 7.1884 Tues; -2.65% Y/Y

MNI: China CFETS Yuan Index Down 0.13% In Week of Dec 27

MNI:US OCT FHFA HPI SA +0.4% V +0.7% SEP; +4.5% Y/Y

MNI: US REDBOOK: DEC STORE SALES +5.5% V YR AGO MO

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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Congress Avoids Government Shutdown, Sends Short-term Spending Bill to Trump

US
  • The U.S. Senate voted 84-10 Wednesday to advance a temporary funding bill to keep the government open through Dec. 11, sending the measure to President Donald Trump where he is expected to sign the bill into law. The Democratic-led House of Representatives approved the measure a week ago.
  • Government funding runs out at midnight tonight, and the legislationwould maintain current funding levels for most programs, avoiding a government shutdown in the middle of a pandemic and weeks ahead of the Nov. 3 election.
  • The legislation's Dec. 11 end date will require Congress to return to the government funding question again during its post-election lame-duck session, after what is likely to be a bruising fight to confirm Trump's third Supreme Court nominee, Amy Coney Barrett.
  • Congressional Democrats have had a turbulent relationship with the White House over federal funding since 2017. Disagreeing over Trump's demands for billions of dollars to build a U.S.-Mexico border wall, Washington failed to come to agreement and the government shutdown for 35 days from Dec. 2018 to Jan. 2019.
MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com
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MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com
Homepagemarkets-real-timeBulletMarketsFixed Income BulletsForeign Exchange Bullets

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