CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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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GBP and UK

GBP

GBP sees downside momentum, since the EU Govie open, weighted by further tightening restrictions risk on advice of scientists, as reported by the Telegraph overnight.

  • Plenty of Focus today, on Health Secretary Hancock who will unveil Vaccine Delivery Plan.
  • Also, as per Politco "Vaccine Deployment Minister Nadhim Zahawi doing morning broadcast round starting right now to lay out the plan, which will also be published in writing. BBC Today program slot, with Zahawi shunted to 7.30 a.m."
  • Cable is testing initial MNI tech support at 1.3492 Intraday low , did trade down to 1.3483.
  • Downside continuation opens to 1.3430 Low Dec 28
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