China raises gas and diesel prices by CNY 420 and CNY 400 respectively from April 7th
China's decision to raise gas and diesel prices suggests a response to rising fuel costs on the global market, potentially indicating tightening supply or increased demand.
European Movers: UMG (UMG NA) +28.3%, AJ Bell (AJB LN) +6.4%, STMicroelectronics (STMPA FP) +3.2%, Sanofi (SAN FP) +0.3%, ASML (ASML NA) -4.4%
Ford (F) recalling 422.61k vehicles amid windscreen wiper failure, according to NHTSA
China raises gas and diesel prices by CNY 420 and CNY 400 respectively from April 7th
Five friendly countries leaders' and eight intelligence agencies have reached out to Iran seeking to open a path for a ceasefire, Fars News reports
Swedish Services PMI (Mar) 55.7 (Prev. 48.3)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This move could influence inflationary pressures within China and may ripple through commodities markets, affecting oil prices and associated currencies. Traders should monitor how this impacts Chinese energy consumption and broader market sentiment toward commodities.
Related headlines
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 1 day ago
- EUROPEAN OPEN: VOW3 GY approves Future Plan 2030; BAS GY sues AAPL over Face ID patents; ECB authorises BMPS IM-MB IM merger; STLAM IM reportedly accelerates Huawei-JAC alliance in China; Fitch affirms ASML NA5 days ago
- China passenger car sales fell 23.7% YoY to 1.55 mln units in August, according to the China Passenger Car Association1 day ago
- Japan reportedly sees a US President Trump and PM Takaichi talk in late September, Kyodo reports 2 days ago
- South Korea says it will work to manage the bond market in a stable manner and it will closely monitor local bond market movements5 days ago
- Japan's Top Currency Diplomat Mimura says they continue to stand ready on FX; declines to comment on if rate checks were conducted6 days ago
- NY Fed SCE (Aug): Inflation expectations: One-year 3.6% (prev. 3.6%), 3-year 3.2% (prev. 3.3%), 5-year 3% (prev. 3%). 1 day ago
- Germany's Economy Minister says German gas storage levels are in the range of 60-70% at the start of winter; there are import options, which are sufficient enough to meet expected winter demand1 day ago
- HSBC raises its H2'26 Dutch TTF gas price forecast to USD 22.5/MMBtu and its 2027 forecast to USD 17/MMBtu1 day ago
- UK government says a general licence will enable the continued operation of Azerbaijan’s Shah Deniz gas field1 day ago
- Germany said to discuss gas storage help with SEFE and Uniper (UN0 GY)2 days ago
- Iran's Parliament Speaker Ghalibaf says that US oil and gas companies across these waters and facilities are threatened; "Strike our assets and you get struck"2 days ago
- Newsquawk Daily European Equity Opening News - 7th September 20262 days ago
- PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Ingenia Communities (INA AT) rejected a Warburg Pincus takeover proposal worth AUD 4.75/shr in cash2 days ago
- US NEC Director Hassett says high gas prices are a short-term thing5 days ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass6 days ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"5 hours ago
- China's Commerce Ministry says China firmly opposes the US' cybersecurity announcements related to Chinese AI companies, calling the allegations baseless7 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 202615 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war18 hours ago
The whole workspace, free to try.
Try it free