MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% 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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Leading Presidential Candidate Petro Warns Of Central Bank Changes

COLOMBIA
  • The front-runner in polls ahead of Colombia’s presidential election vowed to introduce reforms to the makeup of the central bank, which he claims has lost its independence under recent presidents.
  • Gustavo Petro, a senator and former mayor of Bogota who leads polls for the May vote by a wide margin, said the bank’s board is too closely aligned with the political party of sitting President Ivan Duque, the Democratic Center.
  • “What we want is a central bank that is truly independent, not just from the political powers, but from the financial powers as well.”
  • If elected, Petro said he would seek reforms to give members of society a presence on the board, particularly representation from “productive organizations” in the country. (BBG)
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