CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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 - Republicans Close Campaign Financing Gap

US
  • The National Republican Congressional Committee is rapidly closing the campaign financing gap to their Democratic Party counterparts, following a major boost of small donors funds following former President Donald Trump’s criminal conviction.
  • Senate Finance Democrats are scheduled to meet today to discuss strategy for the upcoming 2025 tax fight, when former President Donald Trump’s first-term tax breaks expire.
  • House Intelligence Committee Chair Mike Turner (R-OH) will warn, in a speech today, that the Biden administration is “sleepwalking” into a modern-day “Cuban Missile Crisis in space.”
  • Hispanic voters in swing states are increasingly likely to trust Trump (41%) than Biden (38%) on immigration, a major political issue which could determine the election result in Sun Belt battleground states with large Latino populations.
  • Biden received a rare piece of polling good news with a Fox News survey showing him in his strongest position of his presidency so far, on the back of positive news on the economy.
  • Iran is reportedly undertaking a "major expansion" of its Fordow nuclear facility that could give Tehran, "new options for quickly assembling a nuclear arsenal if it chooses to."
  • The Supreme Court is preparing to rule on a string of cases which could impact the presidential election, most notably, on whether Trump’s status as former president grants him immunity from prosecution by the Department of Justice.
  • Poll of the Day: Inflation remains the most important issue for voters.
Full article: US Daily Brief
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