Real-time News

On November 26th, local time, Organization of American States (OAS) Secretary General Ramdin stated at an online press conference on the evening of the 25th that the US military deployment in the Caribbean Sea has triggered a military crisis in the region, and the OAS demands that the military actions of the US and Venezuela be "moderate." Ramdin said he hopes both the US and Venezuela will adopt a moderate attitude and ensure that the issue is resolved through negotiations and a diplomatic solution. Ramdin expressed support for combating organized crime, but stressed that actions must comply with international law. Ramdin also stated that international experts have questioned the legitimacy of US strikes in international waters or other countries.

November 26th, Futures News: Economies.com analysts' latest view: Spot gold rose during the previous trading day, mainly benefiting from the positive signals released by the Relative Strength Index (RSI) after it escaped overbought territory, opening up room for continued upward movement in the short term. Meanwhile, the positive support provided by gold prices continuing to trade above the 50-day EMA further solidifies the current strong upward momentum.

November 26th, Futures.com analysts' latest view: WTI crude oil futures have risen in recent trading, benefiting from the solid support at the key support level of $57.35, which was the target set in our previous analysis. This support level provided upward momentum, driving WTI crude oil futures to record intraday gains. At the same time, the Relative Strength Index (RSI) showed positive signals, and the previous overbought conditions have been released, allowing prices to regain some upward momentum.

November 26th, Futures News: Economies.com analysts' latest view: Brent crude oil futures prices rebounded somewhat in the previous trading session, attempting to recover some of the previous losses. This rebound occurred after prices touched the previously suggested support level of 61.45. However, as prices remain below the 50-day EMA, bearish pressure persists, further solidifying the dominance and stability of the short-term bearish trend, especially given that prices are moving along the secondary trendline.

Vanke Enterprises (02202.HK) shares fell more than 3% in the afternoon, with a trading volume of over 56.9 million lots.

Japan's final September coincident economic index rose 1.8% month-on-month, unchanged from the previous month.

Japan's leading economic indicators for September were finalized at 1.6% month-on-month, compared to 1% previously.

Japan's September coincident index final reading was 114.6, unchanged from the previous reading.

Japan's final leading indicator for September was 108.6, compared to 108 previously.

On November 26th, Suzhou auctioned off a 94-mu (approximately 6.6 hectares) residential plot in the High-tech Zone. The planned building area is 74,923 square meters, with a plot ratio of 1.2 and a building height limit of 80 meters. The starting price was 599 million yuan, with a starting floor price of 8,000 yuan per square meter. The plot was won by Suzhou Xingaocheng Urban Development Co., Ltd. (Xingaocheng Development) at the reserve price of 599 million yuan, with a transaction floor price of 8,000 yuan per square meter.

According to a statement from Citigroup, the group has hired seven employees, including former traders from Nomura International and Wells Fargo, to bolster its foreign exchange business in Asia.

The head of Nigeria's Dangot Group stated that the refinery expansion project will be completed within three years.

The head of Nigeria's Dangot Group stated that the company has signed a contract with an Indian engineering firm to expand its refinery capacity from 650,000 barrels per day to 1.4 million barrels per day.

November 26th - TSMC's annual supply chain forum was held on the 25th. Chairman C.C. Wei mentioned that there is insufficient capacity for advanced process technologies. To strengthen its layout, the market expects that TSMC will simultaneously build or expand 10 wafer fabs globally next year, with supply chain support being the most important factor. Analysts predict that TSMC's capital expenditure will reach US$50 billion in the new year.

On November 26, the following conditions were met: (i) the minimum public notice period was reached; (ii) the dishonest behavior was corrected and the obligations stipulated in the administrative penalties, abnormal list or serious dishonest entity list involved in the dishonest behavior were fully fulfilled; (iii) a public credit commitment was made, the content of which should include that the submitted materials are true and valid, and clearly state that the party is willing to bear the corresponding responsibility for violating the commitment; (iv) other conditions required by laws, administrative regulations and departmental rules.

Abu Dhabi National Oil and Gas Company: Signs $4 billion, 20-year gas supply agreement with EMSTEEL to support UAE industrial development.

The Federal Aviation Administration (FAA) is investigating the Amazon MK30 drone that struck power lines in Waco, Texas last week.

On November 26th, Haima Automobile stated on its interactive platform that the company has always adhered to a development path combining open cooperation and independent innovation in the field of hydrogen fuel cell vehicles, actively working with outstanding partners in the industry chain to jointly promote technology research and development and industrial application. Currently, the company is steadily carrying out demonstration operations of hydrogen fuel cell vehicles and is committed to building a complete hydrogen energy ecosystem.

On November 26th, Mizuho Securities analyst Varatan stated that while the dollar remained stable due to a significantly increased likelihood of a Federal Reserve rate cut, it fell as the probability of Hassett being nominated as the next Fed chair rose sharply. The market does not seem to question the Fed's independence, with Fed Chairs Williams, Waller, and Daly all supporting a December rate cut. However, Varatan noted that investors are digesting the possibility that Hassett could politicize the Fed. He said the "Hassett effect" could cast a shadow over the dollar, adding that the risk of dollar depreciation remains high as long as this perception of political subservience in Fed chair appointments persists.