MNI China Daily Summary: Friday, November 22

UK NOV FLASH MANUF PMI 48.6 (FCST: 50.0); OCT 49.9

EUROZONE NOV FLASH MANUF PMI 45.2 (FCST: 46.0); OCT 46.0

MNI: PBOC Net Drains CNY345.9 Bln via OMO Friday

MNI BRIEF: Fed Should Explore Central Clearing At SRF-Hammack

MNI China Daily Summary: Thursday, November 21

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

GERMANY NOV FLASH MANUF PMI 43.2 (FCST: 43.0); OCT 43.0

FRANCE NOV FLASH MANUF PMI 43.2 (FCST:44.5); OCT 44.5

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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MNI Commodity Weekly: China Crude Import Surge Highlights Opportunistic Buying

Commodities Weekly AnalysisAnalysisCommodities

Full piece here:

  • China Crude Import Surge Highlights Opportunistic Buying: Chinese crude imports look set to ramp higher in November but appear more indicative of cheaper buying in September while a new U.S. administration looks to already dissuade some refiners from Iranian barrels.
  • Oil Markets: Crude futures prices steadied after a rally to a high of $73.93/bbl this week while implied volatility has fallen to the lowest since September amid competing geopolitical and fundamental factors. Gasoline crack spreads continue to edge higher amid an expected demand boost over the Thanksgiving holiday while US inventories remain low. (Pg.3)
  • Analyst Views: See market views by some of the industry’s biggest participants and analysts. (Pg.8)
Full piece here:

MNI Commodity Weekly - China Crude Import Surge Highlights Opportunistic Buying.pdf


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Full piece here:

  • China Crude Import Surge Highlights Opportunistic Buying: Chinese crude imports look set to ramp higher in November but appear more indicative of cheaper buying in September while a new U.S. administration looks to already dissuade some refiners from Iranian barrels.
  • Oil Markets: Crude futures prices steadied after a rally to a high of $73.93/bbl this week while implied volatility has fallen to the lowest since September amid competing geopolitical and fundamental factors. Gasoline crack spreads continue to edge higher amid an expected demand boost over the Thanksgiving holiday while US inventories remain low. (Pg.3)
  • Analyst Views: See market views by some of the industry’s biggest participants and analysts. (Pg.8)
Full piece here:

MNI Commodity Weekly - China Crude Import Surge Highlights Opportunistic Buying.pdf