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: Oil Gaining After Latest Hezbollah Strike

OIL
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Oil finding further strength on Friday as Israel said its military hit Hezbollah’s main headquarters in southern Beirut, ratcheting Middle East tensions further. 

  • The strike came after Israel vowed to continue bombarding Hezbollah targets in Lebanon indefinitely.
  • Earlier Bloomberg headlines:
  • “*ISRAEL ARMY: CONTINUING TO ATTACK HEZBOLLAH TARGETS IN LEBANON”
  • “*ISRAEL SAYS IT HAS HIT HEZBOLLAH'S MAIN HQ IN SOUTHERN BEIRUT”
  • RBC warned earlier this week that the Hezbollah escalations are the greatest risk to pulling Iran deeper into the conflict.
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Oil finding further strength on Friday as Israel said its military hit Hezbollah’s main headquarters in southern Beirut, ratcheting Middle East tensions further. 

  • The strike came after Israel vowed to continue bombarding Hezbollah targets in Lebanon indefinitely.
  • Earlier Bloomberg headlines:
  • “*ISRAEL ARMY: CONTINUING TO ATTACK HEZBOLLAH TARGETS IN LEBANON”
  • “*ISRAEL SAYS IT HAS HIT HEZBOLLAH'S MAIN HQ IN SOUTHERN BEIRUT”
  • RBC warned earlier this week that the Hezbollah escalations are the greatest risk to pulling Iran deeper into the conflict.