MNI China Daily Summary: Wednesday, November 27

MNI: GERMANY GFK DECEMBER CONSUMER CLIMATE -23.3

MNI BRIEF: BOJ’s JGB Unrealised Loss Rises To JPY13.7 Tlrn

RPT:- MNI NOV CHINA MONEY MARKET INDEX 53.5 VS OCT 38.4

MNI NOV CHINA MONEY MARKET INDEX 53.5 VS OCT 38.4

MNI BRIEF: China Profits Fall In October Y/Y

MNI: FRANCE NOV CONSUMER SENTIMENT 90

RBNZ SEES RISK OF MID-TERM INFLATION VOLATILITY

MNI: RBNZ CUTS OCR 50BP TO 4.25%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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Brent, WTI Stabilise Further, But Week's Highs Out of Reach

COMMODITIES
  • WTI and Brent crude futures both trade higher early Friday, but the bounce remains shallow and the week's highs printed Monday are well out of reach for now.
  • For Brent, this keeps the outlook negative for now, with the move below the 50-day EMA earlier this week looking convincing. This exposes initial support at $66.91 ahead of $65.75.
  • Both gold and silver trade in negative territory, with the modest strength in the USD Index (crossing at the week's highs) weighing on precious metals. Today's Nonfarm Payrolls release could see the tight range in gold tested, with gold pinched between support at $1790 and resistance at the $1834.1 bull trigger.
Energy BulletsCommodities
Energy BulletsCommodities

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