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Spot palladium rose more than 2.00% on the day, currently trading at $1494.63 per ounce.

2025-11-13

Spot palladium rose more than 2.00% on the day, currently trading at $1494.63 per ounce.

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2025-11-12

Domestic News: 1. China Photovoltaic Industry Association issues statement: All rumors circulating online are false. 2. National Energy Administration releases guiding opinions on promoting the integrated development of new energy. 3. Xi Jinping:

Domestic News: 1. China Photovoltaic Industry Association issues statement: All rumors circulating online are false. 2. National Energy Administration releases guiding opinions on promoting the integrated development of new energy. 3. Xi Jinping: China will continue to extend the visa-free policy for Spain to facilitate personnel exchanges. 4. He Lifeng, meeting with the head of the National Committee on US-China Relations, pointed out that China and the US should jointly safeguard and implement the important consensus and outcomes of the summit meeting and promote the stable development of China-US economic and trade relations. International News: 1. The US dollar/Japanese yen exchange rate (USD/JPY) rose above 155 for the first time since February. 2. The UK inflation-linked bond auction attracted a record £69 billion in subscriptions. 3. Russian Foreign Ministry: Russia is prepared to resume talks with Ukraine in Istanbul. 4. US Treasury Secretary Bessenter: Major tariff news is expected in the coming days, including tariff reductions on coffee and other goods. 5. U.S. House Majority Leader Scalise: The House will vote on a bill to end the government shutdown around 7 p.m. Wednesday (8:00 a.m. Beijing time tomorrow). 6. OPEC Monthly Report: Global oil demand growth is projected to be 1.3 million barrels per day in 2025 and 1.38 million barrels per day in 2026, both in line with previous forecasts. Global demand for OPEC+ oil is expected to average 43 million barrels per day in 2026 (a downward revision of 100,000 barrels per day from the previous forecast).
2025-11-13

UK construction output rose 0.2% month-on-month in September, below the expected 0.1% and the previous figure revised from -0.30% to -0.5%.

UK construction output rose 0.2% month-on-month in September, below the expected 0.1% and the previous figure revised from -0.30% to -0.5%.
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