CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

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

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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Strong Start

EQUITIES

An impressive start for global equities, with a sea of green in Europe and US futures (though slightly off session's best levels).

Overnight, Asian stocks closed higher, with Japan's NIKKEI down 58.81 pts or -0.26% at 22514.85 and the TOPIX down 0.55 pts or -0.04% at 1554.71. China's SHANGHAI closed up 5.877 pts or +0.17% at 3377.565 and the HANG SENG ended 155.91 pts higher or +0.63% at 25102.54.

European equities are up, with the German Dax up 113.98 pts or +0.9% at 12722.17, FTSE 100 up 56.44 pts or +0.94% at 6096.52, CAC 40 up 43.39 pts or +0.89% at 4937.23 and Euro Stoxx 50 up 25.81 pts or +0.79% at 3280.2.

U.S. futures are on the front foot, with the Dow Jones mini up 178 pts or +0.67% at 26896, S&P 500 mini up 17 pts or +0.52% at 3317, NASDAQ mini up 41 pts or +0.37% at 11128.

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