The active iron ore contract is back above $100/ton in the first part of Monday trade (+3.55% for the session). Recent lows rest under $96/ton. The technical set up doesn't look great as we sub all ...
Q3 real private consumption slowed to 3.4% y/y from 4.9%, the lowest since Q1 2022. The NESDC is forecasting it to grow 4.8% ...
After falling sharply on Friday oil prices are moderately higher today as commodity prices rise and the US dollar is little changed. WTI is up 0.4% to $67.27/bbl after a high of around $67.30 and ...
Per the CFTC positioning update from Friday in the US, leveraged names were firm net buyers of the USD see the table below. GBP longs were the only positive net addition in the space. GBP is the only ...
PBOC issues CNY172.6bn of 7-day reverse repo at 1.5%. Today’s maturities CNY133.7bn. Net liquidity injection CNY38.9bn.The ...
China’s manufacturing sector share of steel demand in China will rise from last year’s 52%, driven by growth in new energy products and high-end equipment manufacturing, according to Jiang Wei, vice ...
A new Chinese built port in Peru will reduce shipping times between Asia and South America to 25 days from 35 days and cut 20% off logistics costs, Yicai news outlet reported. The construction of deep ...
Singapore’s non-oil exports YoY contracted -4.6% in October and September’s numbers were revised down from +2.7% to 0.9%. The month-on-month figure saw a larger decline to -7.4% for October and the ...
NZD/USD rose 0.27% to 0.5866 on Friday, ending a 5-day run of losing sessions. The pair fell 1.70% over the past week, and hit a new yearly low if 0.5840 while volatility increased slightly on Friday ...