Group 1 - The People's Bank of China will continue its Medium-term Lending Facility (MLF) operations on February 25, with an amount to be determined based on market demand, as 300 billion MLF is set to mature on the same day [1] - Germany's GDP revision for Q4 2025 is expected to show a seasonally adjusted quarterly growth rate of 0.3%, unchanged from the initial estimate, and an annual growth rate of 0.6%, up from the previous value of 0.3% [2] - The Eurozone's January CPI final value is anticipated to be 1.7%, down from the previous value of 1.9%, while the core CPI is expected to be 2.2%, slightly lower than the previous 2.3% [3] Group 2 - The Eurozone's economic sentiment index for February is projected to be 99.8, an increase from the previous value of 99.4, while the industrial sentiment index is expected to improve to -6.3 from -6.8 [5] - The U.S. initial jobless claims for the week ending February 21 are expected to rise slightly to 216,000 from the previous 206,000, which may impact commodity futures prices [6] - The U.S. PPI for January is forecasted to show a year-on-year rate of 2.6%, down from 3.0%, with core PPI expected at 2.9%, down from 3.3% [7] - The Chicago PMI for February is anticipated to be 52.5, a decrease from the previous value of 54 [8] Group 3 - The National Bureau of Statistics will release the 2025 National Economic and Social Development Statistical Bulletin on February 28, which is expected to influence related commodity futures prices [10] - OPEC+ will hold a monthly meeting on March 1 to discuss oil production policies, focusing on whether to resume production increases starting in April, which could affect oil and related commodity futures prices [10]

Group 1 - The long-term support levels for the market are identified at 3495-3500, with a medium-term support at 4400-4410, and a short-term focus on the 4950 level for daily closing [3] - The key short-term threshold for trading is set at the 4880 area, indicating a bullish outlook until a reversal signal appears [3] Group 2 - The long-term resistance for oil is noted at 61.50, with a medium-term resistance at 59.30, and a daily resistance also at 61.50 [4] - The short-term trading threshold is identified near 62.55, suggesting a bullish stance as long as the daily and monthly support levels are not breached [4] Group 3 - A list of important economic data and events to be monitored includes various PMI reports from China, France, Germany, the Eurozone, and the UK, as well as the US ADP employment figures and EIA crude oil inventory data [4] - The Federal Reserve's Barkin is scheduled to speak, which may influence market sentiment [4]

Group 1 - Australia's CPI for December is expected to be released at 08:30, indicating potential inflation trends [1] - Germany's Gfk consumer confidence index for February will be published at 15:00, which may reflect consumer sentiment and spending outlook [1] - Switzerland's ZEW investor confidence index for January is set to be announced at 17:00, providing insights into investor expectations [1] Group 2 - The Bank of Canada will announce its interest rate decision and monetary policy report at 22:45, which could impact the Canadian dollar and economic outlook [1] - The U.S. EIA crude oil inventory report for the week ending January 23 will be released at 23:30, relevant for oil market dynamics [1] - The Federal Reserve's FOMC interest rate decision will be published at 03:00, crucial for U.S. monetary policy direction [1]

Core Viewpoint - The recent performance of WTI crude oil shows a rare consecutive increase, with prices approaching the critical $60 mark, influenced by market caution regarding the EU's price cap on Russian oil [1][5]. Price Movement - On January 8, WTI opened at $56.25 and peaked at $58.59; on January 9, it reached $59.58, nearing $60; on January 10, it tested the $60 level, hitting a high of $59.71 [1][5]. - As of the latest session, WTI reached a high of $59.77, just $0.23 away from the $60 threshold, indicating potential for a breakout [1][5]. Market Sentiment - Market participants are cautious about the $60 level due to the EU's price cap on Russian oil, which has been in effect since late 2022, creating a psychological barrier despite not directly impacting WTI prices [1][5]. - The price cap has not significantly stimulated the market, as Russian Urals oil prices remain below $40 [1][5]. Inventory Levels - As of January 2, the EIA reported U.S. crude oil inventories at 419.056 million barrels, a relative low since 2015, which was a period of significant shale oil production growth [3][7]. - The historical inventory levels have fluctuated between approximately 400 million and 533 million barrels over the past decade, indicating a potential for future inventory increases [3][10]. Price Trends - The recent three-day increase in WTI has boosted short-term buying sentiment, with January 9's long bullish candle breaking a downward trend line [9][12]. - If the closing price remains above the downward trend line, it may confirm an upward breakout, suggesting a potential short-term strengthening in prices [9][12].

Core Insights - The U.S. EIA reported a decrease in crude oil inventories by 3.83 million barrels for the week ending January 7, following a reduction of 1.934 million barrels in the previous week [1] Group 1 - The latest inventory data indicates a significant decline in crude oil stocks, which may impact market dynamics and pricing [1]

Group 1 - The core point of the article is that U.S. crude oil inventories increased by 405,000 barrels for the week ending December 19 [1] Group 2 - The increase in crude oil inventory indicates a potential shift in supply dynamics within the oil market [1] - This change may impact oil prices and trading strategies for investors in the energy sector [1] - The data reflects ongoing trends in U.S. oil production and consumption patterns [1]

Core Viewpoint - The U.S. EIA reported a decrease in crude oil inventories by 1.812 million barrels last week, contrasting with a previous increase of 574 thousand barrels and falling short of the expected decrease of 2.31 million barrels [1] Group 1 - The current inventory level reflects a significant reduction compared to the prior week, indicating potential shifts in supply dynamics within the oil market [1] - The unexpected decrease in inventory may influence oil prices and market sentiment, as it deviates from analyst expectations [1]

Group 1 - Australia's October weighted CPI year-on-year data will be released at 08:30 [1] - The Reserve Bank of New Zealand will announce its interest rate decision at 09:00 [1] - UK Chancellor of the Exchequer, Reeves, will present the budget proposal at 20:30 [1] Group 2 - Initial jobless claims in the US for the week ending November 22 will be reported at 21:30, along with September durable goods orders month-on-month data [1] - Chicago PMI for November will be released at 22:45 [1] - Annualized new home sales in the US for September will be reported at 23:00 [1] Group 3 - EIA crude oil inventory for the week ending November 21 will be released at 23:30 [1] - EIA natural gas inventory for the week ending November 21 will be reported at 01:00 the next day [1] - Total oil rig count in the US for the week ending November 28 will be released at 02:00 the next day [1] Group 4 - The Federal Reserve will publish the Beige Book on economic conditions at 03:00 the next day [1]

Core Insights - The U.S. EIA crude oil inventory decreased by 3.426 million barrels last week, significantly more than the expected decrease of 0.603 million barrels and a prior value of 6.413 million barrels [1] Group 1 - The actual inventory drop of 3.426 million barrels indicates a tighter supply situation in the crude oil market [1] - The expectation of a smaller decrease (0.603 million barrels) suggests that market analysts were anticipating a less significant reduction in inventory levels [1] - The previous week's inventory figure of 6.413 million barrels highlights a substantial change in the supply dynamics over a short period [1]

Group 1: Financial Data Release - In November, the People's Bank of China is expected to release financial statistics for October, including social financing scale, M2, and new RMB loans, with anticipated figures of 16,500 million yuan for social financing and 4,700 million yuan for new loans, both lower than previous values [1] - The M2 balance is projected to grow by 8.0% year-on-year, a decrease from the previous growth rate of 8.4% [1] - A decline in these financial metrics may slightly suppress the rise of commodity futures and stock index futures, while supporting the increase in government bond futures [1] Group 2: Oil Market Reports - OPEC is set to release its monthly oil market report, which will be closely monitored for its impact on oil and related commodity futures prices [2] - The EIA will announce the weekly change in U.S. crude oil inventories, with a previous increase of 5.202 million barrels; further increases may hinder the rise in oil and related commodity futures prices [4] Group 3: U.S. Economic Indicators - The U.S. Labor Department will publish the October CPI, with expectations of a year-on-year increase of 3.0%, consistent with the previous value [3] - The core CPI is also expected to rise by 3.0% year-on-year, with a month-on-month increase of 0.2% [3] - If the U.S. government continues its shutdown, the release of the CPI data may be delayed [3] Group 4: Domestic Economic Performance - A press conference will be held to discuss the national economic performance for October, with expectations of a 5.5% year-on-year increase in industrial value added, down from 6.5% [5] - Retail sales are projected to grow by 2.8% year-on-year, slightly lower than the previous 3.0% [5] - The urban fixed asset investment for January to October is expected to decline by 0.8%, compared to a 0.5% drop for January to September [5]