BOC WILL BE CONSDIERING FURTHER RATE CUTS

BOC DOESN'T SEE A RECESSION, RATHER SLOW GROWTH

BOC SAYS WEAKER CAD DRIVEN BY USD STRENGTH

MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

US EIA: CRUDE OIL STOCKS EX SPR -1.42M TO 422.0M DEC 06 WK

BOC CUTS RATE 50BPS TO 3.25%, SEES GRADUAL APPROACH FROM HERE

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

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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MNI (Washington)
DateGMT/LocalImpactCountryEvent
28/07/20200730/0930**SERetail Sales
28/07/20200730/0930**SETrade Data
28/07/20201000/1100**UKCBI Distributive Trades
28/07/2020-USFOMC policy meeting, in Washington.
28/07/20201255/0855**USRedbook Retail Sales Index
28/07/20201300/0900**USS&P Case-Shiller Home Price Index
28/07/20201400/1000**UShousing vacancies
28/07/20201400/1000***USConference Board Consumer Confidence
28/07/20201400/1000**USRichmond Fed Survey
28/07/20201430/1030**USDallas Fed Services Survey
29/07/20202301/0001*UKBRC Monthly Shop Price Index
29/07/20200600/1400**CNMNI China Liquidity Suvey
29/07/20200645/0845**FRConsumer Sentiment
29/07/20200700/0900**SEEconomic Tendency Indicator
29/07/20200700/0900*ESretail sales
29/07/20200830/0930**UKBOE M4
29/07/20200830/0930**UKBOE Lending to Individuals
29/07/20201100/0700**USMBA weekly applications index
29/07/2020-USFOMC policy meeting, in Washington.
29/07/20201230/0830**USadvance trade, advance business inventories
29/07/20201400/1000**USNAR pending home sales
29/07/20201430/1030**USDOE weekly crude oil stocks
30/07/20202350/0850*JPRetail sales (p)
30/07/20200130/1130AUBalance of Payments: Current Account
30/07/20200645/0845**FRPPI
30/07/20200700/0900*CHKOF Economic Barometer
30/07/20200700/0900***ESHICP (p)
30/07/20200755/0955**DEunemployment
30/07/20200800/1000***DEGDP (p)
30/07/20200900/1100*EUConsumer Confidence, Industrial Sentiment
30/07/20200900/1100**EUEconomic Sentiment Indicator
30/07/20200900/1100**EUunemployment
30/07/20201200/1400***DEHICP (p)
30/07/20201230/0830**USJobless Claims
30/07/20201230/0830*CAPayroll employment
30/07/20201230/0830***USGDP (adv)
30/07/20201430/1030**USNatural Gas Stocks
30/07/20202030/1630**USFed Weekly Money Supply Data
31/07/20202350/0850**JPIndustrial production
31/07/20200100/0900**CNCFLP Non-Manufacturing PMI
31/07/20200100/0900***CNCFLP Manufacturing PMI
31/07/20200530/0730***FRGDP (p)
31/07/20200600/0800**DEImport/Export Prices
31/07/20200600/0800**DEretail sales
31/07/20200600/0700*UKNationwide House Price Index
31/07/20200630/0830**CHretail sales
31/07/20200645/0845**FRConsumer Spending
31/07/20200645/0845***FRHICP (p)
31/07/20200700/0900***ESGDP (p)
31/07/20200800/1000***ITGDP (p)
31/07/20200900/1100***EUGDP preliminary flash est.
31/07/20200900/1100***EUHICP (p)
31/07/20200900/1100***ITHICP (p)
31/07/20201000/1200*ITretail sales
31/07/20201230/0830***CAGross Domestic Product by Industry
31/07/20201230/0830*CAIndustrial Product and Raw Material Price Index
31/07/20201230/0830**USPersonal Income and Consumption
31/07/20201230/0830**USEmployment Cost Index
31/07/20201345/0945**USMNI Chicago PMI
31/07/20201400/1000***USFinal Michigan Sentiment Index
31/07/20201500/1100**USSt. Louis Fed Real GDP Nowcast
31/07/20201515/1115**USNY Fed GDP Nowcast
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
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MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
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