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US EIA: CRUDE OIL STOCKS EX SPR -1.42M TO 422.0M DEC 06 WK

BOC CUTS RATE 50BPS TO 3.25%, SEES GRADUAL APPROACH FROM HERE

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

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AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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MNI POLITICAL RISK - NYT Survey Flashes Warning For Harris

US
  • Vice President Kamala Harris and former President Donald Trump both have quiet days today as they prepare for tomorrow’s presidential debate.
  • Harris picked up another slew of endorsements over the weekend, including from former Vice President Dick Cheney and a group of dozens of business leaders.
  • Congress returns from a six-week recess today, tasked with legislating a stop-gap measure to extend funding for government agencies beyond September 30. Although the chance of a government shutdown on October 1 is remote, Congressional leaders are under a time squeeze to negotiate an adequate spending measure that doesn’t risk a miscalculation.
  • Former President Donald Trump promised retaliatory tariffs for countries that move away from using the dollar: “You leave the dollar and you’re not doing business with the United States because we are going to put a 100% tariff on your goods.”
  • The Department of Justice will argue today in a federal courtroom in Virginia that Google illegalises monopolises the roughly USD$300 billion market for digital advertising.
  • Boeing has reached a tentative agreement with unions to avert a major strike.
  • Poll of the Day: The New York Times and Siena College have released another politically seismic survey, showing that Vice President Kamala Harris’ momentum appears to have stalled slightly following that “political sugar high” that accompanied her accent to the top of the Democrat ticket.
Full article: US Daily Brief
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