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2025-12-16 Tuesday

2025-12-20

17:06:55

Italy's year-on-year CPI excluding tobacco in November

Previous : 1.10% Forecast : 1.10%

Published Value 1%

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17:06:55

Italy's CPI reading for November excluding tobacco

Previous : 121.40 Forecast : -

Published Value 121.30

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17:02:32

The final reading of Italy's harmonized CPI annual rate for November

Previous : 1.10% Forecast : 1.10%

Published Value 1.10%

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17:02:02

The final reading of Italy's CPI annual rate for November

Previous : 1.20% Forecast : 1.20%

Published Value 1.10%

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17:01:59

The final reading of Italy's harmonized CPI annual rate for November

Previous : 1.10% Forecast : 1.10%

Published Value 1.10%

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17:01:43

LME Daily inventory changes in the UK on December 16th - Lead

Previous : 17725 Forecast : -

Published Value 15975

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17:01:29

The final reading of Italy's CPI annual rate for November

Previous : 1.20% Forecast : 1.20%

Published Value 1.10%

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17:01:25

The final reading of Italy's CPI monthly rate for November

Previous : -0.20% Forecast : -0.20%

Published Value -0.20%

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17:01:22

LME Daily inventory changes in the UK on December 16th - Zinc

Previous : 2550 Forecast : -

Published Value 31075

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17:01:20

The final reading of Italy's harmonized CPI annual rate for November

Previous : 1.10% Forecast : 1.10%

Published Value 1.10%

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17:01:15

The final reading of Italy's harmonized CPI monthly rate for November

Previous : -0.20% Forecast : -0.20%

Published Value -0.20%

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17:01:08

LME Daily inventory changes in the UK on December 16th - Nickel

Previous : 360 Forecast : -

Published Value -84

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17:01:02

LME Daily inventory changes in the UK on December 16th - Copper

Previous : -25 Forecast : -

Published Value 725

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17:00:53

LME Daily Inventory changes in the UK on December 16th - Tin

Previous : 125 Forecast : -

Published Value 20

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17:00:45

LME Daily inventory changes in the UK on December 16th - Primary aluminum

Previous : -50 Forecast : -

Published Value 0

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17:00:43

LME Daily inventory changes in the UK on December 16th - Cobalt

Previous : 0 Forecast : -

Published Value 0

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17:00:42

LME Daily inventory changes in the UK on December 16th - Main NASAAC aluminum alloys

Previous : 0 Forecast : -

Published Value 0

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17:00:37

LME Daily Inventory changes in the UK on December 16th - Aluminum Alloy

Previous : 0 Forecast : -

Published Value 0

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17:00:04

Preliminary SPGI manufacturing PMI for the Eurozone in December

Previous : 49.60 Forecast : 49.90

Published Value 49.20

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17:00:03

Preliminary reading of the Eurozone's SPGI Composite PMI for December

Previous : 52.80 Forecast : 52.70

美元
欧元 金银

Published Value 51.90

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17:00:02

Preliminary reading of the Eurozone's SPGI Services PMI for December

Previous : 53.60 Forecast : 53.30

美元
欧元 金银

Published Value 52.60

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16:35:22

In accordance with the "Regulations of the People's Republic of China on the Administration of Import and Export of Goods" and other relevant regulations, and with reference to international market supply and demand and the implementation of export quotas in various regions, the Ministry of Commerce has formulated the "First Allocation Plan for Export Quotas of Some Agricultural Products in 2026" (see Annex), which is hereby issued, and the following matters are hereby notified: I. Local commerce departments should promptly conduct secondary allocation, verification, and feedback work on export quotas for live livestock and poultry and sawn timber supplied to Hong Kong and Macao. Quotas should be prioritized for allocation to enterprises with high completion rates, strong operational capabilities, good quality goods, and high brand reputation. They should coordinate with the actual export situation in their respective regions, leverage the guiding role of quotas, and reasonably control the pace of allocation. They should closely monitor the progress of quota usage, make dynamic adjustments to quotas, and improve quota utilization rates. The secondary allocation plan for quotas should be promptly submitted to the Ministry of Commerce (Foreign Trade Department) for record-keeping, and copies should be sent to the Quota and License Affairs Bureau of the Ministry of Commerce, the China International Electronic Commerce Center, and relevant export license issuing agencies. II. The commerce departments of Guangdong Province and Shenzhen Municipality are requested to notify relevant enterprises of the allocation of wheat flour export quotas to Hong Kong and Macao, and closely monitor and promptly report on the implementation of quotas and any existing problems. The wheat flour export quotas allocated to Hong Kong and Macao are limited to exports to the Hong Kong and Macao markets only, and enterprises are strictly prohibited from re-exporting to other countries and regions in any form. The relevant export license issuing agencies will add the note "Limited to export to Hong Kong, no re-export allowed" or "Limited to export to Macao, no re-export allowed" to the remarks column of the export license. Third, local commerce departments should strengthen the supervision and management of enterprise safety production and urge enterprises to fulfill their main responsibility for safety production. When allocating quotas for the second time, the safety production situation of enterprises must be reviewed and supervised. Enterprises that have had serious injuries or deaths in the past three years are not allowed to participate in quota allocation. For enterprises that have obtained wheat flour export quotas to Hong Kong and Macao, the relevant local commerce departments should conduct safety production supervision and management in accordance with the above requirements. Fourth, the Ministry of Commerce will conduct a second allocation by the end of June 2026, based on the quota completion status and applications from various localities (central enterprises).

16:33:23

[Germany's December Manufacturing PMI Declines Further, Service Sector Expansion Slows] ⑴ Preliminary data shows that Germany's December HCOB Manufacturing PMI was 47.7, lower than the expected 48.5 and the previous reading of 48.2. ⑵ The Services PMI was 52.6, lower than the expected 53.0 and the previous reading of 53.1. ⑶ The Composite PMI was 51.5, lower than the expected 52.4 and the previous reading of 52.4. ⑷ Commentary points out that the Manufacturing PMI fell below 50 for the second consecutive month, marking the first decline in output in ten months. ⑸ The continued decline in new orders suggests a less optimistic outlook for the beginning of next year. ⑹ Nevertheless, more manufacturing companies became more optimistic about the outlook for the coming year in December, which may reflect the government's launch of several transportation projects and plans to expand defense capabilities. ⑺ The expansion momentum in the service sector slowed for the second consecutive month, but business activity remained visibly growing, as evidenced by the accelerating expansion in employment. (8) The service sector has achieved stable growth in new business for three consecutive months, supporting overall economic stability and likely to make a significant positive contribution to GDP in the fourth quarter. (9) While manufacturing confidence has improved significantly, the service sector's assessment of the next 12 months weakened in December. (10) This may stem from the market's perception that economic stimulus packages and increased defense spending will primarily benefit construction companies, mechanical engineering industries, and companies directly or as suppliers in the defense sector, while service providers often find it difficult to directly benefit. (11) However, this may not be the case, as industrial production is often accompanied by activities from service providers such as consulting firms, auditing firms, and software developers. Furthermore, there is a so-called multiplier effect, where employees of companies receiving additional (government) orders are more likely to increase spending on dining or entertainment.

16:30:09

Seasonally adjusted unemployment rate in Hong Kong, China for November

Previous : 3.80% Forecast : -

Published Value 3.80%

Previous

16:30:03

The preliminary value of Germany's SPGI Services PMI for December

Previous : 53.10 Forecast : 53

美元
欧元 金银

Published Value 52.60

Previous

16:30:02

The preliminary value of Germany's SPGI Composite PMI for December

Previous : 52.40 Forecast : 52.40

美元
欧元 金银

Published Value 51.50

Previous

16:30:02

The preliminary value of Germany's SPGI manufacturing PMI for December

Previous : 48.20 Forecast : 48.50

美元
欧元 金银

Published Value 47.70

Previous

16:21:49

[French December PMI Preliminary Readings: Manufacturing and Services Show Divergent Performance] ⑴ The preliminary reading of the French services PMI for December was 50.2, lower than the expected 51.1 and the previous reading of 51.4. ⑵ The preliminary reading of the manufacturing PMI was 50.6, higher than the expected 48.1 and the previous reading of 47.8. ⑶ The preliminary reading of the composite PMI was 50.1, lower than the expected 50.3 and the previous reading of 50.4. ⑷ The data shows a divergence: the French services sector performed weakly in December, while manufacturing activity exceeded expectations. ⑸ Overall, this still exerts some drag on the French economy, resulting in a near standstill in overall economic activity in the last month of the year. ⑹ In detail, employment remained stable, and price changes were not significantly different from November. ⑺ The HCOB pointed out that private sector business activity in France was essentially stagnant in December. ⑻ Although the preliminary PMI reading was still slightly above the 50-point mark, the expansion rate slowed compared to the previous month, reflecting that the economy was still dragged down by uncertainty among households and businesses. (9) The manufacturing PMI rose slightly above 50.0 at the end of the year, with both output and new orders indices showing positive signs, supported significantly by overseas demand. (10) Businesses are optimistic about future output and have re-emerged a willingness to expand hiring, providing a positive signal for the outlook. (11) However, as long as the government budget is not passed, political uncertainty will continue to pose a significant headwind to the French economy. (12) Although the recent strong performance of the aviation industry may provide broader momentum to the manufacturing sector, weak consumer confidence and intense international competition continue to constrain growth prospects.

16:15:04

The preliminary value of France's SPGI Services PMI for December

Previous : 51.40 Forecast : 51.10

美元
欧元 金银

Published Value 50.20

Previous

16:15:03

The preliminary value of France's SPGI Composite PMI for December

Previous : 50.40 Forecast : 50.30

美元
欧元 金银

Published Value 50.10

Previous

16:15:03

The preliminary value of France's SPGI manufacturing PMI for December

Previous : 47.80 Forecast : 48.10

欧元 金银
美元

Published Value 50.60

Previous

16:02:22

The annual rate of labor costs in Spain in the third quarter

Previous : 3% Forecast : -

Published Value 3%

Previous

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5.61

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