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CHINA RATES

China Repo Rates Drop Thursday

CHINA PRESS

PBOC to Further Promote Green Finance: Xinhua

CHINA PRESS

Holiday Boom Strengthens China's Confidence: Times

AUSSIE 10-YEAR TECHS

(M1) Pressures The 50-DMA

AUSSIE 3-YEAR TECHS

(M1) Directional Triggers Intact

OIL
OIL: WTI & Brent operate around Tuesday's settlement levels.
- Reports suggest that the latest API inventory report presented a smaller than
expected build in headline crude stocks, alongside a build in inventories at the
Cushing hub, a surprise drawdown in gasoline stocks and a smaller than expected
drawdown in distillate stocks.
- This comes after Russia intimated that its crude production has reached record
levels on Tuesday.
- Elsewhere reports pointed to the joint Saudi-Kuwait oil projects being stalled
by issues surrounding the role that Chevron will play.
- Focus turns to the Russian energy conference & weekly DoE inventory data on
Wednesday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com