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LME INVENTORY DATA :-

ALUMINIUM -5250
COPPER (+8925)
LEAD -50
NICKEL -132
ZINC -75

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Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost the country’s crude demand, while looming curbs on Russian oil shipments also appeared set to tighten supply.
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Closing Bell: Sensex, Nifty end lower amid volatility; metal, realty shine, FMCG drags.

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15:30EURIndustrial Production (YoY) (Sep)2.8%2.5%
15:30EURIndustrial Production (MoM) (Sep)0.3%1.5%
15:30EURECB’s Panetta Speaks 
16:30EURECB’s Enria Speaks 
16:30EURGerman Buba Wuermeling Speaks 
16:55BRLBCB Focus Market Readout 
17:30USDOPEC Monthly Report 
17:30BRLIBC-Br Economic Activity (Sep)0.20%-1.13%
17:30INRCPI (YoY) (Oct)6.73%7.41%
18:30INRCPI (YoY) (Oct)7.30%7.41%
19:15CADBoC Gov Macklem Speaks 
19:30EURFrench 6-Month BTF Auction1.726%
19:30EURFrench 3-Month BTF Auction1.301%
19:30EURFrench 12-Month BTF Auction2.344%
20:30USDConsumer Inflation Expectations
20:30USDM2 Money Supply (MoM)21.50T
20:49USDDallas Fed PCE (Sep)6.00%
21:45EURECB’s De Guindos Speaks 
22:00USD3-Month Bill Auction4.120%
22:00USD6-Month Bill Auction4.490%
22:00CHFSNB Chairman Thomas Jordan speaks
22:00USDFed Vice Chair Brainard Speaks 
23:00BRLForeign Exchange Flows-2.798B
23:30EURGerman Buba President Nagel Speaks 

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Sun-soaked North Africa pushes for cheap energy

Solar panels glint in the sun on a Tunisian lagoon, part of a long-delayed drive to harness the North African country’s vast renewable energy potential.


While industry insiders complain of red tape, fossil fuel prices that soared after Russia’s February invasion of Ukraine created a powerful incentive for such
investments across the Maghreb region.
“Extreme price pressures on natural gas, especially in Europe, have changed the calculus for investments in renewable energy.

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Cryptocurrency News Updated-

Bitcoin (BTC) investors have been increasingly moving their holdings to self-custody solutions following the collapse of the world’s second-largest crypto exchange last week.

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Exchange outflows hit historic highs as Bitcoin investors self-custody.
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