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 - US Daily Brief

US
  • President Biden may deliver public remarks on the alleged Chinese surveillance balloon and three additional unidentified aerial objects shot down by the US military as soon as today.
  • The Congressional Budget Office said yesterday that the US Treasury will likely exhaust emergency measures to pay debt obligations sometime between July and September.
  • Chicago Fed President Austan Goolsbee is the frontrunner for Biden’s nomination to fill Lael Brainard’s vacant seat on the Federal Reserve but several high-profile Democrat Senators are calling for a Latino nominee to diversity the board.
  • Former South Carolina Governor Nikki Halley has launched her 2024 Presidential campaign with a thinly veiled attack on the age of two of her main opponents.
  • House Speaker Kevin McCarthy (R-CA) will become the first sitting House Speaker to visit the US-Mexico border in Arizona when he leads a delegation of Republican House Reps to Tucson today.
  • High-ranking Democrats have privately expressed that a growing acceptance of President Biden’s run for a second term is down to pragmatism rather than confidence.
  • Poll of the Day: Only 9% of Americans believe that artificial intelligence will do “more good than harm” to society.
Full article: US Daily Brief
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