Morning Wrap (11.12.2024)<\/p>\n
\ud83d\udcca Asian\u00a0Markets<\/strong><\/p>\n Mixed performance ahead of key US inflation data: \ud83c\udfe6 China\u2019s Policy\u00a0Signals<\/strong><\/p>\n Central Economic Work Conference starts\u00a0today.Politburo hints at looser monetary policy<\/em> & fiscal stimulus<\/em> for\u00a02025.\u26a0\ufe0f ANZ: US tariffs could cut \ud83c\udde8\ud83c\uddf3 GDP by\u00a01.5%.<\/p>\n \ud83c\udf0d Geopolitical Tensions<\/strong><\/p>\n Syria<\/strong>: Rebels overthrow Assad, taking Damascus. \ud83d\udcc8 Japan\u2019s Inflation & BOJ Speculation<\/strong><\/p>\n Wholesale inflation rises for 3rd month. \ud83d\udca5 South Korea\u00a0Turmoil<\/strong><\/p>\n President Yoon under criminal investigation over martial law declaration. \ud83d\udee2\ufe0f Commodities<\/strong><\/p>\n Oil<\/strong>: Slight gains \ud83d\udcc9 Myanmar\u2019s Economy<\/strong><\/p>\n Projected to shrink \ud83d\udcc9 1% this year due to floods & conflict. \ud83c\udf1f Regional Highlights<\/strong><\/p>\n \ud83c\uddf8\ud83c\uddec Singapore raises 2024 GDP growth forecast to 3.6% (from 2.6%). \ud83d\udd1c What\u2019s\u00a0Next?<\/strong><\/p>\n Eyes on \ud83c\uddfa\ud83c\uddf8 US CPI data, Fed meeting, and BOJ decision.Key focus: China\u2019s economic planning outcomes.<\/p>\n Morning Wrap (11.12.2024)<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" Morning Wrap (11.12.2024) \ud83d\udcca Asian\u00a0Markets Mixed performance ahead of key US inflation data:\ud83c\uddef\ud83c\uddf5 Nikkei: Flat\ud83c\udde8\ud83c\uddf3 CSI 300: +0.2%\ud83c\udded\ud83c\uddf0 Hang Seng: -0.6%\ud83c\uddf0\ud83c\uddf7 KOSPI:\u00a0+0.8% \ud83c\udfe6 China\u2019s Policy\u00a0Signals Central Economic Work Conference starts\u00a0today.Politburo hints at looser monetary policy & fiscal stimulus for\u00a02025.\u26a0\ufe0f ANZ: US tariffs could cut \ud83c\udde8\ud83c\uddf3 GDP by\u00a01.5%. \ud83c\udf0d Geopolitical Tensions Syria: Rebels overthrow Assad, taking […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-27521","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27521"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27521"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27521\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\ud83c\uddef\ud83c\uddf5 Nikkei: Flat
\ud83c\udde8\ud83c\uddf3 CSI 300: +0.2%
\ud83c\udded\ud83c\uddf0 Hang Seng: -0.6%
\ud83c\uddf0\ud83c\uddf7 KOSPI:\u00a0+0.8%<\/p>\n
Markets eye regional stability & \ud83c\uddee\ud83c\uddf7 Iran\u2019s\u00a0role.Taiwan<\/strong>: Raises alert over \ud83c\udde8\ud83c\uddf3 naval activity.<\/p>\n
Fueling \ud83d\udd25 BOJ rate hike debate ahead of next week\u2019s Fed\u00a0meeting.<\/p>\n
Police raid presidential office amidst ongoing\u00a0unrest.<\/p>\n
\ud83d\udee2\ufe0f Brent: $72.67, WTI: $69.07.
\u26a1 API: Unexpected 0.5M barrel build in \ud83c\uddfa\ud83c\uddf8 inventories (vs 1.3M draw forecast).Gold<\/strong>: Steady at $2,694 on geopolitical tensions.Copper<\/strong>: Rises to $9,277 on \ud83c\udde8\ud83c\uddf3 stimulus\u00a0hopes.<\/p>\n
\ud83c\udf0f World Bank downgrades outlook.<\/p>\n
MAS expected to maintain policy settings in January\u00a0review.<\/p>\n