FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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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Weekly Claims, Durables, Cap Goods, GDP, Pend Home Sales

OUTLOOK
  • US Data/Speaker Calendar (prior, estimate)
  • May-27 0830 Initial Jobless Claims (444K, 425K)
  • May-27 0830 Continuing Claims (3.751m, 3.680M)
  • May-27 0830 Durable Goods Orders Apr (1.0% rev, 0.8%)
  • May-27 0830 Durable Goods Orders ex-Trans (2.3% rev, 0.7%)
  • May-27 0830 Cap Goods Orders Nondef Ex Air Apr (1.0% rev, 1.0%)
  • May-27 0830 GDP Price Index (4.1%, 4.1%)
  • May-27 0830 GDP Annualized QoQ (6.4%, 6.5%)
  • May-27 0830 Core PCE QoQ (2.3%, 2.3%)
  • May-27 0945 Langer Consumer Comfort (55.3, --)
  • May-27 1000 Pending Home Sales MoM (1.9, 0.5%)
  • May-27 1030 NY Fed buy-op: Tsy 22.5Y-30Y, appr $2.025B
  • May-27 1100 KC Fed Mfg Activity May (31, 30)
  • May-27 1130 US Tsy 4W, 8W bill auctions ($40B each)
  • May-27 1300 US Tsy $62B 7Y Note auction
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