CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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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On The Front Foot

EQUITIES

Global equities are broadly higher, with the U.S. leading the way.

  • Asian markets closed up, with Japan's NIKKEI up 152.81 pts or +0.65% at 23559.3 and the TOPIX up 14.46 pts or +0.88% at 1651.1. China's SHANGHAI closed up 18.468 pts or +0.57% at 3278.814 and the HANG SENG ended 136.97 pts higher or +0.56% at 24640.28
  • European stocks are more mixed, with the German Dax up 24.21 pts or +0.18% at 13227.25, FTSE 100 down 0.45 pts or -0.01% at 6031.51, CAC 40 up 14.38 pts or +0.29% at 5048.52 and Euro Stoxx 50 up 5.69 pts or +0.17% at 3321.5.
  • U.S. futures are higher, with the Dow Jones mini up 263 pts or +0.95% at 27875, S&P 500 mini up 39.5 pts or +1.18% at 3373.5, NASDAQ mini up 158.5 pts or +1.43% at 11219.75.
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