MNI China Daily Summary: Wednesday, November 20

MNI BRIEF: Chinese Aluminium Exporters To Renegotiate Prices

MNI BRIEF: BOJ October Real Export Index Falls 4.9% M/M

MNI: PBOC Net Injects CNY69.1 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1935 Weds; +0.09% Y/Y

CHINA PBOC CONDUCTS CNY302.1 BLN VIA 7-DAY REVERSE REPOS WEDS

MNI: EUROZONE SEP CONSTRUCTION OUTPUT -0.1% M/M, -1.6% Y/Y

MNI: GERMANY OCT PRODUCER PRICES -1.1% Y/Y

MNI: UK OCT CPI +0.6% M/M, +2.3% Y/Y

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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MNI POLITICAL RISK - Kishida To Deliver Address To Congress

US
  • President Biden and Japanese Prime Minister Fumio Kishida described Kishida's official White House visit as “historic” in a joint statement formally announcing a raft of new measures to bolster cooperation on defence and security; space; advanced technology and economic cooperation; diplomacy and development; and people-to-people ties.
  • Today, Biden and Kishida will meet with Philippine President Ferdinand Marcos Jr. for a first-ever trilateral leaders’ summit – officially designed to “enhance economic and energy security, bolster maritime cooperation, invest in critical infrastructure, and deepen people-to-people ties,” but broadly viewed as a format to coordinate a response to China’s actions in the South China Sea.
  • Kishida will address joint meeting of Congress today at 10:35 ET 15:35 BST.
  • House Speaker Mike Johnson (R-LA) met yesterday with right-wing Republican House Rep Marjorie Taylor Greene (R-GA) to discuss her plan oust him if he moves forward with a national security supplemental package to fund Ukraine.
  • The commander of US Central Command is expected to travel to Israel today to coordinate in advance of a possible attack from Iran or its proxies.
  • Poll of the Day: Voters who have an unfavourable opinion of both President Biden and former President Trump are slightly more likely to vote for Biden.
Full article: US Daily Brief
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Metals bulletEM BulletHomepagePolitical Market NewsBank of Japan (BOJ) Market NewsCommoditiesEmerging Market NewsEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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