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Japanese Leading Economic Index Prel (Nov) 110.5 vs. Exp. 110.4 (Prev. 109.8)

The Japanese Leading Economic Index for November came in at 110.5, slightly beating expectations of 110.4 and up from the previous 109.8.

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US shale chiefs warned that Venezuelan oil will hobble US drillers and that the President’s effort to reduce crude prices will hurt the sector struggling to sustain production growth, according to FT

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Japanese Leading Economic Index Prel (Nov) 110.5 vs. Exp. 110.4 (Prev. 109.8)

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China's Vice Premier Ding Xuexiang met with Disney's (DIS) CEO in Beijing and said they welcome companies to invest in China, according to Xinhua

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Context

This positive print suggests an improving economic outlook, which may have implications for growth expectations and commodity demand, particularly in metals and mining.

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