MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

MNI BRIEF: Brazil Annual Inflation Rises To 4.87% In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

US NFIB NOV SMALL BUSINESS INDEX 101.7

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% Y/Y

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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TURKEY: CBRT Ends USD 5bn Deposit Transaction with Saudi Fund for Development

TURKEY
  • The CBRT said in a statement that it is reviewing its international deposit transactions to reduce external liabilities as part of its reserve management. Accordingly, the deposit transaction of USD 5bn carried out with the Saudi Fund for Development in 2023 has been terminated by mutual agreement. The central bank adds that external liabilities have recently improved by approximately USD 7bn through the reduction of deposit balances.
  • Turkish newspaper Daily Sabah cited an unidentified source as saying that a meeting between President Erdogan and Syrian President Assad could take place in August in Moscow, with Russian President Putin acting as a mediator. However, Reuters have since reported that such a meeting has not been planned, citing its diplomatic sources.
  • President Erdogan will address his party’s lawmakers this afternoon in parliament. There are no economic releases scheduled for today.
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