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

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

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 - Harris To Announce VP Today

US
  • Vice President Kamala Harris formally secured the Democratic Party presidential nomination on Monday evening after DNC delegates concluded five days of voting. Attention now turns to Harris’ vice-presidential selection, expected to be announced this morning before the ticket heads off on a multi-state tour.
  • Pennsylvania Governor Josh Shapiro (D-PA), widely seen as the most logical selection due to his popularity in the most crucial swing state, remains the favourite but has faded slightly amid chatter that Harris may be leaning towards Minnesota Governor Tim Walz (D-MN).
  • A federal judge presiding over one of the biggest antitrust cases in decades ruled yesterday that, "Google is a monopolist, and it has acted as one to maintain its monopoly."
  • US officials are bracing for what could be two waves of attacks on Israel from Hezbollah and Iran in retaliation to a series of extraterritorial strikes which killed a top Hezbollah commander in Beirut and a top Hamas leader in Tehran.
  • The US has dispatched additional resources to the region, including a fighter jet squadron, Navy ships, and air defenses. US CENTCOM head Gen. Michael Kurilla met yesterday with IDF counterparts to ready a similar multi-nation coalition to one that successfully repelled an Iranian missile barrage on April 13.
  • The progressive ‘Squad’ of Democratic House Reps could lose a second member today as Rep Cori Bush (D-MO) faces a primary in Missouri’s first congressional district.
  • Poll of the Day: Kamala Harris has extended her lead over former President Donald Trump in national polling.
Full article: US Daily Brief
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EM BulletHomepagemarkets-real-timeCommoditiesPower BulletsEmerging Market NewsMetals bulletEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange BulletsPolitical Market News

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