MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

CHINA YTD NEW LOANS CNY17.1 TRLN VS MEDIAN CNY17.5 TRLN: PBOC

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

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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OIL: Francine Expected to Make Louisiana Landfall on Wednesday

OIL

Tropical storm Francine is expected to become a hurricane soon the National Hurricane Center said in a recent update.

  • Storm surge and hurricane warnings are in effect for the Louisiana Coast.
  • Francine is “anticipated to be just offshore of the coasts of northern Mexico and southern Texas through Tuesday, and make landfall in Louisiana on Wednesday,” the center said.
  • Francine forced some oil drillers to halt production and evacuate crews in the Gulf of Mexico.
  • The storm’s forecast path intersects with fields that account for roughly 125,000 barrels of crude and 300 million cubic feet of natural gas on a daily basis Bloomberg reported.
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