MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

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

MNI: US NOV SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.342%

MNI: US NOV CPI UNROUNDED M/M 0.313%, CORE 0.308%

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 - Trump Rhetoric Could Boost Harris In PA

Daily round-up of news from the US.
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Executive summary:

  • Vice President Kamala Harris is on a tour of Michigan today touting her manufacturing agenda. She will visit a semiconductor facility in Saginaw before heading to Ann Arbour for a rally. Former President Donald Trump will hold a rally in Atlanta, Georgia.
  • Polling remains deadlocked in battleground states but Harris' lead in the national vote has shrunk to one point in the NYT polling average, her smallest lead since mid-August.
  • Washington insiders believe the 2024 presidential election will be determined within one week of Election Day.
  • Trump announced yesterday that he would support a tax credit for family members who act as carers. A policy that appears cribbed off a Harris proposal from earlier this month.
  • A Trump rally at Madison Square Garden that displayed some of the more extreme rhetoric of Trump’s base could have political implications in a key swing state.
  • Senior Democrats are hopeful that three economic data releases this week can offer a final argument for Harris to sway voters on the economy.
  • Israel conducted a series of limited strikes on Saturday on military targets in Iran on Saturday, supporting reporting from last week suggesting that Israel and the US had reached a quiet understanding that Israel would avoid targeting Iran’s energy and nuclear infrastructure.
  • Poll of the Day: Democrat Rep Colin Allred appears to have momentum in the crucial Texas Senate race. 

Please find the full article attached below: US Daily Brief

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Executive summary:

  • Vice President Kamala Harris is on a tour of Michigan today touting her manufacturing agenda. She will visit a semiconductor facility in Saginaw before heading to Ann Arbour for a rally. Former President Donald Trump will hold a rally in Atlanta, Georgia.
  • Polling remains deadlocked in battleground states but Harris' lead in the national vote has shrunk to one point in the NYT polling average, her smallest lead since mid-August.
  • Washington insiders believe the 2024 presidential election will be determined within one week of Election Day.
  • Trump announced yesterday that he would support a tax credit for family members who act as carers. A policy that appears cribbed off a Harris proposal from earlier this month.
  • A Trump rally at Madison Square Garden that displayed some of the more extreme rhetoric of Trump’s base could have political implications in a key swing state.
  • Senior Democrats are hopeful that three economic data releases this week can offer a final argument for Harris to sway voters on the economy.
  • Israel conducted a series of limited strikes on Saturday on military targets in Iran on Saturday, supporting reporting from last week suggesting that Israel and the US had reached a quiet understanding that Israel would avoid targeting Iran’s energy and nuclear infrastructure.
  • Poll of the Day: Democrat Rep Colin Allred appears to have momentum in the crucial Texas Senate race. 

Please find the full article attached below: US Daily Brief