China to raise retail diesel and gasoline prices by CNY 310/Mt and CNY 320/Mt respectively from May 9th; part of regular price review, CCTV reports
China's decision to raise retail diesel and gasoline prices indicates a response to ongoing supply-demand dynamics and is part of a regular price adjustment cycle.
Turkish Industrial Production MoM (Mar) M/M -0.8% (Prev. 2.6%)
Turkish Industrial Production YoY (Mar) Y/Y -1.1% (Prev. 2.2%)
China to raise retail diesel and gasoline prices by CNY 310/Mt and CNY 320/Mt respectively from May 9th; part of regular price review, CCTV reports
[ANALYSIS] Iranian War Day 70: Brief attacks between US and Iran last night downplayed by the US
Nintendo (7974 JT) FY25/26 (JPY): 2.31tln (prev. 1.16tln Y/Y), Operating Profit 360.1bln (prev. 282.6bln Y/Y), Net 424.1bln (prev. 278.8bln Y/Y)
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This move may signal tighter market conditions and could impact inflation expectations both domestically and globally, particularly in energy-intensive sectors, as well as sentiment in commodity markets.
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