BOC WILL BE CONSDIERING FURTHER RATE CUTS

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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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MNI POLITICAL RISK ANALYSIS – US Daily

US
  • 1045ET/1545GMT: President Biden will deliver remarks on the march jobs data and, with another strong report forecast, there is expected to be plenty for the White House to take credit for.
  • Ceasefire talks between Russia and Ukraine will resume in Turkey today. The newswires yesterday were dominated by US intelligence claims that Russian president Vladimir Putin is becoming increasingly detached from his defence advisors.
  • The Senate will recess without substantial progress on a new Covid-19 relief package although Senate Majority Leader Charles Schumer (D-NY) said that they were ‘getting close to a final agreement that would garner bipartisan support.’
  • See the full note here: https://marketnews.com/mni-political-risk-analysis-us-daily-brief-01-04-22
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