CANADA DEC CPI +1.8% YOY VS FORECAST AND PRIOR OF +1.9%

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MNI China Daily Summary: Monday, January 20

MNI: CANADA DEC CPI INFLATION -0.4% M/M, +1.8% YY

MNI: US JAN PHILADELPHIA FED NONMFG INDEX -9.1

MNI: GERMANY ZEW JAN ECONOMIC EXPECTATIONS 10.3

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AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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MNI POLITICAL RISK - Harris Unveils Economic Policy Platform

US
  • Vice President Kamala Harris made the most significant economic pitch of her campaign yesterday, outlining a manufacturing-focused policy platform and seeking to rebut accusations of her ‘socialist’ proclivities.
  • The Harris campaign published an 82-page ‘policy book’ entitled, “A New Way Forward for the Middle Class," and a fact sheet putting a USD$100 billion price tag on Harris’ manufacturing plan.
  • Treasury Secretary Janet Yellen will give a major speech today on threats to the US financial system.
  • Congress passed a three-month Continuing Resolution to fund federal agencies through the general election. House Speaker Mike Johnson (R-LA), who bucked former President Donald Trump and House conservatives by swallowing a Democrat-backed ‘clean’ CR, scored a significant win with a majority of his conference voting in favour of the CR.
  • It is "increasingly likely" that dockworkers at dozens of ports on the US East Coast will go on strike on October 1.
  • The Nebraska Senate race opens a surprise potential route for Democrats to retain the Senate.
  • Ukrainian President Volodymyr Zelenskyy will present his “victory plan” to President Biden and Vice President Harris at the White House today. Zelenskyy has had a mixed reception in the US, a frosty response from House Republicans signals uncertainty for Ukraine if Trump wins the White House in November.
  • The US and allies in Europe and the Middle East called for an immediate 21-day ceasefire across the Lebanon-Israel border.
  • Poll of the Day: Only 24% of Republicans are confident their votes for president will be accurately cast and counted.
Full article: US Daily Brief
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