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

MNI China Daily Summary: Friday, December 6

MNI BRIEF: BOJ Tankan To Show Slipping Sentiment

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

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

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

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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Powell Confirms Clarity to Come on Any QE Taper

FED

Q: RE Jackson Hole speech?

  • A: There's nothing I can say about Jackson Hole. We're in the process of writing that speech. I am going to give a speech. I wouldn't want to say what it will be in there at this point.

Q: Are low rates doing more harm than good (to savers etc)?

  • A: It was a commitment to continue asset purchases that provided strong support for the economy and has been a part of the story for why the economy is so strong right now.
  • We said we would taper when we achieved substantial further progress and we're going to honor that commitment. We're talking about it right now, meeting by meeting. We will taper when we reach that goal. We'll provide more clarity on that as we go.
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