CHINA SETS YUAN CENTRAL PARITY AT 7.1006 FRI VS 7.1049

MNI: FED CHAIR JAY POWELL WILL BE ON 60 MINUTES THIS SUNDAY

BOC'S MACKLEM: STILL THINK Q4 GDP WILL BE A WEAK NUMBER

Australia Dec New Loan Commitments for Housing -4.1%

Bond Supply Calendar: ORI Operation on Friday

MNI: FED BALANCE SHEET TOTAL ASSETS -$47B TO $7.630T IN WEEK

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

MNI BRIEF: Canada Needs CAD1 Trln To Fix Housing Squeeze- CMHC

MNI BRIEF: Canada Shows No Progress Closing Housing Shortfall

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CHINA SETS YUAN CENTRAL PARITY AT 7.1006 FRI VS 7.1049

MNI: FED CHAIR JAY POWELL WILL BE ON 60 MINUTES THIS SUNDAY

BOC'S MACKLEM: STILL THINK Q4 GDP WILL BE A WEAK NUMBER

Australia Dec New Loan Commitments for Housing -4.1%

Bond Supply Calendar: ORI Operation on Friday

MNI: FED BALANCE SHEET TOTAL ASSETS -$47B TO $7.630T IN WEEK

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

MNI BRIEF: Canada Needs CAD1 Trln To Fix Housing Squeeze- CMHC

MNI BRIEF: Canada Shows No Progress Closing Housing Shortfall

NatWest strategist Blake Gwinn noted Wed,...>

US VIEW
US VIEW: NatWest strategist Blake Gwinn noted Wed, the Fed raised its "target
fed funds rate band 25bps to 1.25%-1.50%. The dot medians shows 3 hikes for 2018
(unchanged from September), 3 hikes for 2019 (unchanged from September), and a
slight move up in 2020 from 1.9% to 2.1%. One notable change was to 2018 median
GDP growth, which was revised from +2.1% to +2.5%. In the statement, the Fed
continued to signal strong growth in the labor market and continued expectations
that inflation would return to target (2018 PCE deflator forecasted to be 1.9%
still)."
- He noted in Fed Chr Yellen's opening statement at final news conf as Fed Chr,
she "flagged" FOMC statement change to say "stance of monetary policy remains
accommodative, thereby supporting strong labor mkt conditions." Yellen said it
"highlights" FOMC expects "labor mkt to remain strong, with sustained job
creation, ample opportunities for workers and rising wages. We anticipate some
further strengthening in labor market conditions in the months ahead. However,
we expect the pace of job gains to moderate over time, as we gradually reduce
the degree of monetary policy accommodation."

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