Japanese Machine Tool Orders YY (Dec F) 10.9% (Prelim. 10.6%)
Japanese machine tool orders coming in at 10.9%, slightly beating the preliminary estimate of 10.6%, suggests robust manufacturing activity.
UAE’s ADNOC chief revises forecast and sees oil demand above 100mln barrels per day until 2040
Japan and the US are reportedly to announce several projects in a first batch under the USD 550bln scheme
Japanese Machine Tool Orders YY (Dec F) 10.9% (Prelim. 10.6%)
India to sign a security and defence partnership with EU today in addition to advancing the free trade agreement at the 16th India-EU Summit, according to The Print
Adani Enterprises (ADE IS) unit Adani Defence and Aerospace is to build an aircraft with Embraer in India
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This uptick indicates a healthy demand environment, which could bode well for related sectors like metals and mining, potentially impacting commodity prices positively.
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