FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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 - GOP Leaders Signal Need For Government Funding Patch

US
  • Republican leaders are increasingly open about the need for a short-term funding patch to avoid a partial government shutdown on January 20. We have a rundown of the likely next steps inside.
  • Tensions remain elevated in the Middle East as US Secretary of State Anthony Blinken approaches the end of his multi-country tour. Blinken's trip has seen some convergence between the US and Israel on reducing operations, but deep fissures remain on the post-war governance of Gaza.
  • Florida Governor Ron DeSantis (R-FL) and former South Carolina Governor Nikki Haley will face off today in the final Republican presidential debate before Monday's Iowa caucuses.
  • The House Homeland Security Committee will meet today to formally launch impeachment proceedings against DHS Secretary Alejandro Mayorkas, part of what may be a trio of impeachments against Biden administration officials.
  • Former President Donald Trump argued yesterday that the federal election interference case against him should be dismissed on grounds of presidential immunity. We have a summary of potential timelines for the appeal inside.
  • US and Chinese defence officials have held their first formal talks in two years, fulfilling a key pledge made by President Biden and Chinese President Xi Jinping at APEC in November.
  • The White House has ordered a review of protocols following Defense Secretary Lloyd Austin’s absence.
  • Lawmakers will meet today to discuss a USD$50-80 billion bipartisan tax deal.
  • Poll of the Day: President Biden has strengthened slightly in a hypothetical head-to-head matchup with former President Trump.
Full article: US Daily Brief
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