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

MNI: GERMAN NOV CPI +2.2 % Y/Y

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

MNI: NORWAY NOV CPI +0.3% M/M, +2.4% 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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Former Finance Minister Backs Galvez, Hurricane Otis Makes Landfall

MEXICO
  • Opposition presidential contender Xochitl Galvez said on social media that President AMLO’s former finance minister Carlos Urzua had joined her right-left alliance bidding to unseat Lopez Obrador's MORENA in the June 2024 election.
  • https://www.reuters.com/world/americas/mexico-presidents-former-finance-minister-backs-opposition-rival-2023-10-24/
  • Unemployment rate and trade balance data remain on the docket for the rest of the week, however, GDP figures next week will garner the most attention, especially given the firmer than expected economic activity data earlier this week.
  • Separately, Hurricane Otis exploded in strength as it neared Mexico’s Pacific Coast, becoming a deadly Category 5 hurricane, and was reported to have made landfall earlier in the session. President AMLO has asked the Guerrero population to move to shelters.
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