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

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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Rally Continues

EQUITIES

Global equities continue to rally.

  • Japan's NIKKEI up 410.05 pts or +1.73% at 24105.28 and the TOPIX up 22.69 pts or +1.39% at 1649.94. China's SHANGHAI closed up 42.693 pts or +1.3% at 3320.133 and the HANG SENG ended 809.78 pts higher or +3.25% at 25695.92
  • European stocks are stronger, with the German Dax up 182.7 pts or +1.48% at 12491.76, FTSE 100 up 28.77 pts or +0.49% at 5910.76, CAC 40 up 47.98 pts or +0.97% at 4968.36 and Euro Stoxx 50 up 45.18 pts or +1.43% at 3202.24.
  • U.S. futures continue to rally, with the Dow Jones mini up 423 pts or +1.53% at 28157, S&P 500 mini up 71.25 pts or +2.07% at 3506.5, NASDAQ mini up 345 pts or +2.93% at 12107.
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