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

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Putin Mobilisation Call Suggests Ukraine War to Drag Through Winter

RUSSIA
  • Putin confirmed speculation this morning that partial mobilization is now underway in Russia. This is confirmation that the war in Ukraine is likely to continue to drag through the winter.
  • Defence Minister Shoigu has stated that Russia is to mobilise 300,000 reservists, noting that this is only a fraction of Russia's troops available to be called up. The International Institute for Strategic Studies estimate that there are at least 2 million reserve personnel and 20 million former military personnel, 10% of whom have seen active service within the last five years.
  • Kommersant confirm that territories of Ukraine outside Kyiv’s control will hold referendums on whether to join Russia from 23-27 Sep. The US and Europe have already stated that they do not recognise "fictitious referendums". Lawyers note that if these territories are included in the Russian Federation, Moscow will be able to interpret attacks on them as aggression and take a whole range of response measures - from full or partial mobilization to a theoretical nuclear strike.
  • Elsewhere, the Federal Statistics Service will report August producer prices and 3Q consumer confidence later today. PPI is expected to cross at 4.0% Y/Y (Prior 6.1%), which would be the lowest print since Jan 2021. Weekly CPI data is also on the docket with all releases scheduled for 1700 BST (1900 local time).
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
EM BulletHomepagemarkets-real-timeBulletEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.