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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Global News and Data Calendar

MNI (Washington)
DateGMT/LocalImpactCountryEvent
25/05/20210600/0800***DEGDP (f)
25/05/20210600/0700***UKPublic Sector Finances
25/05/20210800/1000***DEIFO Business Climate Index
25/05/20211000/1100**UKCBI Distributive Trades
25/05/20211140/0740USChicago Fed President Charles Evans
25/05/20211200/0800USRichmond Fed President Tom Barkin
25/05/20211230/0830**USPhiladelphia Fed Nonmanufacturing Index
25/05/20211230/0830*CAQuarterly financial statistics for enterprises
25/05/20211230/0830CAFlash April factory sales
25/05/20211255/0855**USRedbook Retail Sales Index
25/05/20211300/0900**USFHFA Home Price Index
25/05/20211300/0900**USFHFA Quarterly Price Index
25/05/20211300/0900**USS&P Case-Shiller Home Price Index
25/05/20211400/1000**USRichmond Fed Survey
25/05/20211400/1000***USnew home sales
25/05/20211400/1000***USConference Board Consumer Confidence
25/05/20211400/1000USFed Vice Chair Randal Quarles
25/05/20211400/1600EUECB's Philip R. Lane participates at review
25/05/20211530/1130**USNY Fed Weekly Economic Index
25/05/20211530/1130*USUS Treasury Auction Result for Cash Management Bill
25/05/20211700/1300*USUS Treasury Auction Result for 2 Year Note
26/05/20210200/1400***NZRBNZ official cash rate decision
26/05/20210600/1400**CNMNI China Liquidity Suvey
26/05/20210645/0845*FRBusiness Climate Indicator
26/05/20210645/0845**FRManufacturing Sentiment
26/05/20210645/0845*FRServices Sentiment
26/05/20210645/0845**FRConsumer Sentiment
26/05/20210730/0930**SEUnemployment
26/05/20211100/0700**USMBA weekly applications index
26/05/20211300/1500**BEBNB Business Sentiment
26/05/20211400/1000USFed Vice Chair Randal Quarles
26/05/20211430/1030**USDOE weekly crude oil stocks
26/05/20211530/1130**USUS Treasury Auction Result for 2 Year Floating Rate Note
26/05/20211700/1300*USUS Treasury Auction Result for 5 Year Note
26/05/20211700/1300CABOC Deputy Lane speaks about digital currencies
26/05/20211900/1500USFed Vice Chair Randal Quarles
27/05/20210130/1130*AUPrivate New Capex and Expected Expenditure
27/05/20210700/0900**SEEconomic Tendency Indicator
27/05/20210730/0930**SETrade Data
27/05/20210800/1000**ITISTAT Business Confidence
27/05/20210800/1000**ITISTAT Consumer Confidence
27/05/20210910/1110EUECB's Pentti Hakkarainen gives speech
27/05/20210945/1145EUECB's Luis de Guindos gives speech
27/05/20211000/1200EUECB's Frank Elderson moderates panel
27/05/20211230/0830**USJobless Claims
27/05/20211230/0830**USdurable goods new orders
27/05/20211230/0830***USGDP (2nd)
27/05/20211230/0830*CAPayroll employment
27/05/20211230/0830**USWASDE Weekly Import/Export
27/05/20211300/1500EUECB's Isabel Schnabel gives speech
27/05/20211400/1000**USNAR pending home sales
27/05/20211430/1030**USNatural Gas Stocks
27/05/20211500/1100**USKansas City Fed Manufacturing Index
27/05/20211500/1700EUECB's Isabel Schnabel at Global Solutions Summit
27/05/20211700/1300**USUS Treasury Auction Result for 7 Year Note
27/05/20212030/1630**USFed Weekly Money Supply Data
28/05/20210600/0800**DEImport/Export Prices
28/05/20210645/0845***FRGDP (f)
28/05/20210645/0845**FRConsumer Spending
28/05/20210645/0845***FRHICP (p)
28/05/20210645/0845**FRPPI
28/05/20210700/0900*CHKOF Economic Barometer
28/05/20210700/0900*ESretail sales
28/05/20210730/0930***SEGDP
28/05/20210730/0930**SERetail Sales
28/05/20210900/1100*EUConsumer Confidence, Industrial Sentiment
28/05/20210900/1100**EUEconomic Sentiment Indicator
28/05/20211100/1300EUECB's Andrea Enria at online seminar
28/05/2021-EUECB's Lagarde, Panetta at G7 Finance Ministers and Central Bank Governors' meeting
28/05/20211230/0830**USadvance trade, advance business inventories
28/05/20211230/0830**USPersonal Income and Consumption
28/05/20211345/0945**USMNI Chicago PMI
28/05/20211400/1000***USFinal Michigan Sentiment Index
28/05/20211500/1100**USSt. Louis Fed Real GDP Nowcast
28/05/20211500/1100**USNY Fed GDP Nowcast
28/05/20211500/1100CAFinance Dept monthly Fiscal Monitor (expected)
31/05/20210100/0900***CNCFLP Manufacturing PMI
31/05/20210100/0900**CNCFLP Non-Manufacturing PMI
31/05/20210700/0900***ESHICP (p)
31/05/20210800/1000**EUM3
31/05/20210900/1100***ITHICP (p)
31/05/20211200/1400***DEHICP (p)
31/05/20211230/0830*CAIndustrial Product and Raw Material Price Index
31/05/20211230/0830*CACurrent account
1/6/20212300/0900**AUIHS Markit Manufacturing PMI (f)
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
USDataCalendarData CalendarStoryRegionNorth America
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MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
USDataCalendarData CalendarStoryRegionNorth America
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