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

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

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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Opposition To Jointly Contest Senate Election, Duda Calls National Security Council Meeting

POLAND
  • Polish opposition parties are looking to sign off on a deal next Tuesday to contest the upcoming Senate election as a single bloc, Gazeta Wyborcza reported. Parties will thus repeat a move that previously allowed them to secure a majority in the upper house. Senate elections are held under the first-past-the-post system, with opposition parties set to jointly support one candidate in each constituency. That said, they have failed to team up for the much more important Sejm election, which is held under a proportional representation system alongside the Senate election.
  • President Andrzej Duda called a meeting of the National Security Council (which includes opposition representatives) for Februaary 24, the anniversary of Russia's full-scale invasion of Ukraine. His aide said that the President wants to continue building domestic consensus over foreign policy. Duda may brief NSC members on his talks with U.S. President Biden. He had earlier told TVN24 that he asked the POTUS to order a relocation of more military equipment to Poland.
  • The local statistics office will publish unemployment data for January at the top of the hour. Consensus calls for an uptick to 5.5% from 5.2% recorded in December.
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