MNI China Daily Summary: Thursday, Dec 5

MNI: UK NOVEMBER CONSTRUCTION PMI 55.2 (FCST: 53.5); OCT 54.3

MNI: EUROZONE NOVEMBER CONSTRUCTION PMI 42.7 OCT 43.0

MNI BRIEF: China Construction Output Slows In November

MNI: PBOC Net Drains CNY153 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1879 Thurs; -1.82% Y/Y

MNI: EUROZONE OCT RETAIL SALES -0.5% M/M, +1.9% Y/Y

MNI: FRANCE OCT INDUSTRIAL PRODUCTION -0.1% M/M, -0.6% Y/Y

MNI: GERMANY OCT FACTORY ORDERS -1.5% M/M

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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Macron Says He Secured 'No Escalation Pledge' From Putin

EU-RUSSIA

AFP tweets "French President Emmanuel Macron says he has managed to convince Russian President Vladimir Putin not to "escalate" the crisis around Ukraine, as the West warns Moscow could be planning an invasion"

  • Le Figaro tweets similar comments: "Macron says he got Putin [to agree] "that there is no escalation" in Ukraine "For me, it was about blocking the game to prevent an escalation and open up new perspectives (...) This goal for me is fulfilled."
  • These comments sound more positive than those emanating from the Kremlin earlier, when spox Dimitry Peskov stated that the West did not take Russian concerns seriously and that no deals were reached with Macron on security issues.
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