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2025-07-02 Wednesday

  • 11:31:15

    At the close of early trading, most of the main domestic futures contracts rose. Coking coal rose by more than 5%, coke rose by more than 4%, iron ore rose by more than 3%, and PTA, dates, rebar, hot coils, and rapeseed meal rose by more than 2%. In terms of decline, low-sulfur fuel oil (LU), SC crude oil, and container shipping index (European line) fell by more than 2%, while liquefied petroleum gas (LPG) and live pigs fell by nearly 2%.

  • 11:15:53

    The main coke contract rose by more than 5% and is now quoted at 2,445.5 yuan/ton.

  • 11:08:10

    Petroleum Association of Japan (PAJ): Japan’s average refining run rate was 70.5% in the week ended October 21, compared with 72.1% in the week ended October 14.

  • 11:07:39

    Petroleum Association of Japan (PAJ): In the week ending October 21, Japan’s gasoline inventories decreased by 29,000 kiloliters to 1.7 million kiloliters.

  • 11:07:13

    Petroleum Association of Japan (PAJ): In the week ending October 21, Japanese naphtha stocks increased by 3,000 kiloliters to 1.47 million kiloliters.

  • 11:06:44

    Chief Executive of the Hong Kong Special Administrative Region Lee Ka-chiu: Hong Kong’s economy is expected to resume growth this year.

  • 11:01:44

    Mitsubishi UFJ: We expect the Bank of Canada to keep interest rates on hold while maintaining their guidance that they are “ready to raise policy rates further if necessary.”

  • 10:57:28

    Commonwealth Bank of Australia: The Reserve Bank of Australia is currently expected to raise interest rates to 4.35% in November.

  • 10:51:02

    According to Sing Tao Daily: The Chief Executive of the Hong Kong Special Administrative Region, Lee Ka-chiu, released the "Policy Address" today. It is reported that in terms of reducing the intensity of the property market (relaxing controls on the property market), the stamp duty on property purchases by professionals can be "exempted first and levied later", and the ad valorem stamp duty (AVD) for Hong Kong people buying a second property will be halved to 7.5%.

  • 10:41:32

    According to the US think tank Institute for Conflict Studies (ISW): Ukrainian forces continued their offensive in western Zaporozhye Oblast on October 24 and made definite progress. Positioning video released on October 24 showed Ukrainian troops advancing slightly west of Robotyne.

  • 10:37:48

    National Hurricane Center: Storm Tammy is strengthening over open water and is expected to become a powerful extratropical cyclone on Thursday.

  • 09:56:06

    Mike Johnson wins the Republican nomination for speaker of the U.S. House of Representatives ahead of a full vote.

  • 09:44:04

    LG Energy: Recovery in demand for electric vehicles in Europe is expected to be delayed.

  • 09:38:42

    Japanese Prime Minister Fumio Kishida: Getting rid of deflation is crucial to fiscal health.

  • 09:36:03

    Australian Treasurer Chalmers: Although inflation is slowing overall, in Australia, inflation is more persistent.

  • 09:35:16

    LG Energy: Strikes (in the United States) could have a "domino effect" on battery profitability.

  • 09:32:53

    LG Energy: The United Auto Workers (UAW) and U.S. automakers will finally reach a deal.

  • 09:31:06

    Japan will sell an additional 500 billion yen of debt today.

  • 09:07:12

    According to TASS: The underwater communication cable between Estonia and Finland has been restored.

  • 09:06:20

    Chuck Fleischmann has been dropped from the Republican candidate list for Speaker of the House of Representatives.

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