MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

CHINA YTD NEW LOANS CNY17.1 TRLN VS MEDIAN CNY17.5 TRLN: PBOC

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

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 Give Policy Speech Friday

US
  • On Thursday, US President Joe Biden will appear alongside Vice President Kamala Harris for the first time since he withdrew from the presidential race. Harris is expected to use the event to moderate some of her previously liberal policy positions ahead of her first major policy speech on Friday.
  • A “tax policy arms race” between Harris and former President Donald Trump could add trillions to the federal government deficit.
  • US antitrust authorities are reportedly considering a move to break up Google’s dominance of the online search market.
  • President Biden’s withdrawal appears to have cratered support for third-party candidates like Robert F. Kennedy Jr.
  • Harris is within “striking distance” of Trump in Florida. Harris' strength in the state could bring the Florida Senate race into play, opening up a second pathway for Democrats to retain the upper chamber.
  • Harris may receive a boost in the Sun Belt after a measure on abortion was added to the Arizona ballot.
  • High-stakes Gaza ceasefire negotiations tomorrow are likely to go ahead without Hamas. In ad hoc remarks to the press yesterday, President Biden acknowledged that a ceasefire deal was “getting harder.”
  • The US is “eyeing measures to clamp down on Iran’s oil exports," according to the State Department.
  • Trump’s suggestion that striking workers could be fired, may nudge International Brotherhood of Teamsters President Sean O’Brien towards endorsing Kamala Harris.
  • Poll of the Day: Harris leads or ties Trump in all swing states except Nevada, according to the Cook Political Report.
Full article: US Daily Brief
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