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Australia's Westpac Leading Index rose 0.11% month-on-month in October, compared with a previous reading of -0.03%.
2025-11-19
Australia's Westpac Leading Index rose 0.11% month-on-month in October, compared with a previous reading of -0.03%.
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2025-11-19
Energy: 1. Preliminary plans indicate that Angola will reduce its crude oil exports to 933,000 barrels per day in January. 2. Brazil, the host country of COP30, has drafted an agreement urging all parties to work together to gradually phase out ine
Energy: 1. Preliminary plans indicate that Angola will reduce its crude oil exports to 933,000 barrels per day in January. 2. Brazil, the host country of COP30, has drafted an agreement urging all parties to work together to gradually phase out inefficient fossil fuel subsidies. 3. The governor of Niigata Prefecture, Japan, will approve the restart of Tokyo Electric Power Company's Kashiwazaki-Kariwa nuclear power plant. 4. With the US sanctions grace period ending this Friday, tankers carrying millions of barrels of Russian oil are racing to India. Precious Metals and Mining: 1. The EU has imposed import quotas on steel alloys containing manganese or silicon. 2. The EU plans to establish a mineral reserve center to prevent the US from hoarding supplies. 3. The EU is considering new cobalt security regulations, which industry giants have jointly opposed. 4. The World Platinum Investment Council: Easing tariff concerns may lead to a more balanced platinum market in 2026. 5. China's main lithium carbonate futures contract broke through the 100,000 yuan mark, reaching a new high since June 2024. 6. Commerzbank: In the long term, nickel prices will only see a moderate increase, with the price expected to reach $16,000/ton by the end of 2026. Zinc prices are expected to remain stable at around $3,000/ton over the next year. Copper and aluminum are expected to continue rising next year, reaching $12,000/ton and $3,200/ton respectively.
2025-11-19
Japan's core machinery orders rose 11.6% year-on-year in September, below the expected 5.4% and the previous reading of 1.60%.
Japan's core machinery orders rose 11.6% year-on-year in September, below the expected 5.4% and the previous reading of 1.60%.
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