MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: Japan Nov Sentiment, Outlook Indexes Rise

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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 Currency Hedging Options To Be Announced To Attract Foreign Investment

BRAZIL
  • Brazil to announce new currency hedging options on Monday to attract foreign investment, while avoiding currency and fiscal risk for the treasury - sources
    • Inter-American development bank (IDB) to offer $2 Bln in FX derivatives for Brazil central bank to distribute to green development projects
    • Brazil's new FX hedging measures to be published in executive order
    • Brazil to announce other measures on Monday including credit line for structured project finance in partnership with IDB
    • Brazil govt to authorize central bank to roll over $100 Bln worth of swaps for longer terms, to boost liquidity beyond five years and reduce volatility -source (Reuters News)
  • The Reuters article expands:
  • The green light for the central bank to roll over swaps for longer terms is deemed "structural" and "very important," as there is limited liquidity in the market for terms exceeding five years, said the source.
  • With these adjustments, Brazil's swaps market could be far more dynamic, with horizons extending up to 15 years, which could have a significant impact on financing infrastructure projects, the source added.
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