#Kapital #DailyBrief

🇲🇽 Mexico:
Public finance balances moderated at the end of October 2025.

🇨🇳 China: Manufacturing activity declined again in November (PMI 49.9), with stalled production and weak new orders, despite an export rebound after the trade truce.

🇺🇸 United States:
The Fed is facing potential divisions in rate votes, which could weaken its messaging and create political and market perception risks.