MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI POLITICAL RISK - Biden-Xi Bilateral Dials Back Tensions

Executive Summary:

  • President Joe Biden and Chinese President Xi Jinping held a "productive" and "constructive" bilateral meeting yesterday on the margins on the APEC Leaders’ Summit in San Francisco, California.
  • As expected, the bilateral didn’t come with any major accompanying announcements but acted as a checkpoint in a months-long diplomatic effort by the Biden administration to dial back tensions and increase communication. Full analysis of the bilat inside.
  • The Senate yesterday synched up with the House and passed House Speaker Mike Johnson’s (R-LA) Continuing Resolution to avert a government shutdown but the underlying dynamics which have destabilised the 118th Congress remain unresolved and the risk of a shutdown will be acute in January.
  • With the immediate threat of a government shutdown averted, Congress will turn to a backlog of pending legislation, including President Biden’s USD$106 billion national security and USD$56 billion domestic supplemental funding requests.
  • Senator Joe Manchin (D-WV) said yesterday that he is "absolutely" considering a presidential campaign amid more polling suggesting that third-party candidates will do more damage to Biden than Trump in 2024.
  • A potentially damming report from the House Ethics Committee on federally indicted Representative, George Santos (R-NY), is expected to be released today or tomorrow.
  • Poll of the Day: President Donald Trump’s slight lead in the 2024 presidential election is likely to be reinforced if third-party candidates are added to the ballot.

Please find the full article attached below:

MNIPOLRISKUSDaily161123.pdf

Political Market NewsPolitical Risk
Political Market NewsPolitical Risk

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.