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

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

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

MNI: US NOV SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.342%

MNI: US NOV CPI UNROUNDED M/M 0.313%, CORE 0.308%

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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HUNGARY: Hungary to Remain on Flood Alert Until Next Thursday

HUNGARY
CEEMEAEM BulletBulletGlobalEmerging Market NewsHungaryRegion
  • Prime Minister Viktor Orban commented on the flood situation at a press conference this morning. The PM said heightened preparedness in flood defence will have to stay in place for six more days, until next Thursday.
  • European Commission President Ursula von der Leyen promised yesterday to mobilise up to EUR 10bn in funding to help central European leaders grappling with the flooding, Bloomberg reported.
  • Foreign Minister Peter Szijjarto and Russian Health Minister Mikhail Murashko will speak at 10:15BST/11:15CET after a meeting of the committee on economic cooperation ahead of the Russian-Hungarian business forum in Budapest.
  • There are no local data releases scheduled for today, with focus shifting to the NBH decision on September 24. There, the central bank is expected to resume easing with a 25bp cut to the base rate.
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  • Prime Minister Viktor Orban commented on the flood situation at a press conference this morning. The PM said heightened preparedness in flood defence will have to stay in place for six more days, until next Thursday.
  • European Commission President Ursula von der Leyen promised yesterday to mobilise up to EUR 10bn in funding to help central European leaders grappling with the flooding, Bloomberg reported.
  • Foreign Minister Peter Szijjarto and Russian Health Minister Mikhail Murashko will speak at 10:15BST/11:15CET after a meeting of the committee on economic cooperation ahead of the Russian-Hungarian business forum in Budapest.
  • There are no local data releases scheduled for today, with focus shifting to the NBH decision on September 24. There, the central bank is expected to resume easing with a 25bp cut to the base rate.