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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New Anti-Crisis Tool to Offset Any Bond Buys, According to Sources

ECB
  • Bloomberg cite sources in reporting that any new anti-crisis bond buying tool constructed by the ECB would likely involve selling other securities so that purchases don't upset the bank's efforts to combat inflation.
  • The report follows an unscheduled meeting conducted by the ECB governing council yesterday, in which the bank pledged to accelerate work on an anti-fragmentation policy tool.
  • The bank are seen finalising any policy tool ahead of July's policy meeting, at which the ECB are seen raising interest rates for the first time in this cycle.
  • EUR/USD sees mild support in response to the report, adding 30 pips to touch 1.0426 before fading.
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EM BulletHomepagemarkets-real-timeFixed Income BulletsBulletMarketsEmerging Market NewsForeign Exchange BulletsEuropean Central Bank (ECB) Market News

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