OPEC+ Extends Cuts Amid Weak Demand, Oil Prices Fall
Oil prices fell 1 percent on Friday, with Brent crude at $71.32 and WTI at $67.43 per barrel, as OPEC+ extended production cuts to the end of 2026 due to weak global demand, particularly from China, despite forecasts of a supply surplus next year.
OPEC+ Extends Cuts Amid Weak Demand, Oil Prices Fall
Oil prices fell 1 percent on Friday, with Brent crude at $71.32 and WTI at $67.43 per barrel, as OPEC+ extended production cuts to the end of 2026 due to weak global demand, particularly from China, despite forecasts of a supply surplus next year.
Progress
48% Bias Score
Xi: China's Modernization to Benefit 1.4 Billion, Contribute to World Peace
President Xi Jinping stated in a letter to the 2024 Understanding China Conference in Guangzhou that China's modernization will benefit 1.4 billion citizens and contribute to world peace and development; the conference highlighted China's economic growth and poverty reduction as a model for developi...
Xi: China's Modernization to Benefit 1.4 Billion, Contribute to World Peace
President Xi Jinping stated in a letter to the 2024 Understanding China Conference in Guangzhou that China's modernization will benefit 1.4 billion citizens and contribute to world peace and development; the conference highlighted China's economic growth and poverty reduction as a model for developi...
Progress
52% Bias Score
Oil Prices Rise on China Growth and Middle East Tensions
Oil prices rose on Monday, with Brent crude reaching $72.59 (+1.04%) and WTI at $68.70 (+1.03%), due to China's strong factory activity and continued Middle East tensions despite a ceasefire; OPEC+ postponed its meeting to December 5th.
Oil Prices Rise on China Growth and Middle East Tensions
Oil prices rose on Monday, with Brent crude reaching $72.59 (+1.04%) and WTI at $68.70 (+1.03%), due to China's strong factory activity and continued Middle East tensions despite a ceasefire; OPEC+ postponed its meeting to December 5th.
Progress
44% Bias Score
China Prepares for Trump's Trade War 2.0
Analysis of China's preparedness for potential renewed trade conflict with the US under a Trump presidency, focusing on likely responses and economic impacts.
China Prepares for Trump's Trade War 2.0
Analysis of China's preparedness for potential renewed trade conflict with the US under a Trump presidency, focusing on likely responses and economic impacts.
Progress
40% Bias Score
German Business Sentiment in China Hits Historic Low
A survey by the German Chamber of Commerce in China reveals record-low business sentiment among German firms, with only 32% expecting market improvement in 2025, primarily due to weak consumer demand and import substitution, impacting foreign investors significantly.
German Business Sentiment in China Hits Historic Low
A survey by the German Chamber of Commerce in China reveals record-low business sentiment among German firms, with only 32% expecting market improvement in 2025, primarily due to weak consumer demand and import substitution, impacting foreign investors significantly.
Progress
52% Bias Score
Mixed Asian Equities: Await China Policy Clarity
Asian equities saw mixed results overnight; South Korea underperformed due to political factors, while Taiwan and Indonesia led gains; Hong Kong and Mainland China traded quietly awaiting policy clarity from the upcoming China Economic Work Conference, potentially impacted by recent US-China trade e...
Mixed Asian Equities: Await China Policy Clarity
Asian equities saw mixed results overnight; South Korea underperformed due to political factors, while Taiwan and Indonesia led gains; Hong Kong and Mainland China traded quietly awaiting policy clarity from the upcoming China Economic Work Conference, potentially impacted by recent US-China trade e...
Progress
40% Bias Score
Luxury Market Slowdown Prompts Strategic Reassessment
The luxury goods market is facing declining profits due to economic factors and shifting consumer preferences, prompting brands to reassess their strategies as highlighted at the Business of Fashion's BOF Voices summit.
Luxury Market Slowdown Prompts Strategic Reassessment
The luxury goods market is facing declining profits due to economic factors and shifting consumer preferences, prompting brands to reassess their strategies as highlighted at the Business of Fashion's BOF Voices summit.
Progress
48% Bias Score