MNI China Daily Summary: Friday, January 10

MNI BRIEF: China To Adopt Very Proactive Fiscal Policy-Offical

CANADA LIBERAL LEADERHIP VOTE TO REPLACE TRUDEAU SET FOR MAR 9

MNI BRIEF: PBOC Suspends Bonds Trades As Yields Drop

MNI: PBOC Net Drains CNY14.8 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1891 Fri; -2.36% Y/Y

USDA: CORN STOCKS 12,074M BSL ON JAN 1

MNI: USDA: 2024/2025 CORN PRODUCTION EST 14.87B BSL

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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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US STOCKS: Second Half Update, Climbing Off Lows

US STOCKS
USEquitiesBulletMarketsFixed Income BulletsForeign Exchange BulletsNorth America
  • Still weaker, US Stocks have been rising off session lows over the last 90 minutes:
    • DJIA  down 482.05 points (-1.13%) at 42152.22
    • S&P E-Mini Future  down 61.5 points (-1.03%) at 5897.5
    • Nasdaq  down 214.2 points (-1.1%) at 19264.52
  • No real changes to underlying drivers - Financials, real estate and IT shares continue to underperform. Meanwhile, Energy continues to outperform - oil & gas leading gainers as crude remains supported by sanction talk, markets await updates on Biden's parting measures before leaving office this month.

 

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  • Still weaker, US Stocks have been rising off session lows over the last 90 minutes:
    • DJIA  down 482.05 points (-1.13%) at 42152.22
    • S&P E-Mini Future  down 61.5 points (-1.03%) at 5897.5
    • Nasdaq  down 214.2 points (-1.1%) at 19264.52
  • No real changes to underlying drivers - Financials, real estate and IT shares continue to underperform. Meanwhile, Energy continues to outperform - oil & gas leading gainers as crude remains supported by sanction talk, markets await updates on Biden's parting measures before leaving office this month.