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-Johnson Speakership Cuts Govt Shutdown Risk

Executive Summary:

  • House Republicans yesterday voted unanimously to elect low-profile conservative House Rep, Mike Johnson (R-LA), as Speaker of the House of Representatives, ending 22 days of paralysis of the chamber.
  • Inside: A full roundup of how a Johnson speakership may decrease the risk of a government shutdown in November and impact the 2024 general election.
  • President Biden yesterday called on Israel, “to operate and align with the laws of war,” safeguard civilians in Gaza, and consider, "what comes next."
  • President Biden is expected to meet with Chinese Foreign Minister Wang Yi at the White House on Friday.
  • The White House yesterday submitted to Congress its second major supplemental funding request in as many weeks – asking for USD$56 billion for, “critical domestic needs.”
  • President Biden issued a statement yesterday commending a tentative agreement between United Auto Workers and Ford which could pave the way for broader deals to end strike action.
  • Rep Dean Phillips (D-MN) is expected to announce a primary challenge against President Biden on Friday.
  • North Carolina’s state legislature has approved a new congressional map which could flip four seats to Republicans in 2024.
  • Poll of the Day: A super PAC affiliated with the 2024 campaign of President Joe Biden, has found Biden in polling at a dead heat, or unfavorably, with former President Donald Trump in three critical swing states.

Please find the full article attached below:

MNIPOLRISKUSDaily261023.pdf

Political Market NewsPolitical Risk
Political Market NewsPolitical Risk

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