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MNI PINCH UPDATE: The combined influence of......>

US
US: MNI PINCH UPDATE: The combined influence of the equity rebound, a temporary
tariff ceasefire between Washington and Beijing, and two significant positive
data surprises (Nov Chicago PMI 66.4 vs 58.5 survey, Nov ISM manufacturing 59.3
vs 57.5 survey), has ratchetted up expectations for the December FOMC meeting.
Our estimates of the implied probability of a hike has increased to 85.4% from
76.0% last week ago and 70.1% a month ago.
- For the full PINCH results please see
http://marketnews-m.objects.xtenit.com/MNI_PINCH_UPDATE.pdf

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