Commerzbank
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Venezuelan Oil output drops under US sanctions – Commerzbank
US sanctions and blockades contributed to a decline in Venezuelan Oil production to 830,000 barrels per day in December, about…
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Oil: Trump announces US to buy Venezuelan Oil – Commerzbank
Oil prices came under pressure in the middle of the week. This was triggered by a statement by US President…
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GBP: Pound surges amid hints at EU rapprochement – Commerzbank
For several months now, a topic that had been somewhat overshadowed in recent years by episodes of increased inflation and…
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RUB: Russian Oil exports plunge, revenue falls sharply – Commerzbank
Russian Oil exports are declining sharply, impacting the nation’s export and budget revenues. In the four weeks to 4 January…
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OPEC+ keeps production steady as expected – Commerzbank
OPEC+ producers confirmed plans to maintain current output until March, with minor deviations from Kazakhstan, Iraq, and Russia. Saudi Arabia…
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JPY: BoJ hikes, Yen shrugs – Commerzbank
The Bank of Japan (BoJ) raised rates to a 30-year high and signaled further hikes, but the yen weakened as markets judged…
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GBP retreats after surprise drop in UK inflation – Commerzbank
The Pound Sterling (GBP) reversed its gains after UK inflation came in below expectations, leaving the market focused on the…
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Russia’s largest Palladium producer sees platinum deficit this year – Commerzbank
Russia’s top Palladium producer expects a notable supply deficit for Platinum in 2025, while Palladium remains mostly balanced, highlighting diverging…
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JPY: Tankan reinforces case for BoJ rate hike – Commerzbank
The flash estimates for the Japanese purchasing managers’ indices were somewhat weaker this morning than in the previous month. However,…
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USD: Unusual Tuesday release for US jobs report – Commerzbank
The US labour market report breaks with tradition by landing on a Tuesday, but expectations are modest, with job growth…
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