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  • French Government Downgrades 2020 GDP Forecast to 11% Contraction

    The French government has downwardly revised its gross domestic product forecast for 2020, with the aim of taking into account the impact of the latest coronavirus-related restrictions. The eurozone's second-largest economy is expected to contract 11% this year, the economy minister Bruno Le Maire said Friday in an interview with radio station France Inter. The previous forecast of the French government was for a 10% contraction.

  • French Economy Registers Record Rebound in 3Q -- Update

    --France's third-quarter GDP grew 18.2% on the quarter and fell 4.3% on the year. --GDP data for the second quarter was revised up slightly to a 13.7% quarter-on-quarter drop. --The rebound in 3 Q was broad-based across sectors.

  • China Shanghai Gold Futures Closing Prices, Volume

    Friday, October 30 2020 Gold Turnover: 310,343 lots Open High Low Settle Prev. Change Vol Open Settle Interest Nov-20 395.60 399.40 395.60 398.16 399.18 -1.02 36 15 Dec-20 396.88 399.50 394.92 397.40 399.70 -2.30 198,494 148,505 Jan-21 397.70 400.64 396.30 398.58 400.90 -2.32 2,833 2,235 Feb-21 398.78 401.54 396.94 399.52 401.66 -2.14 66,642 32,833 Apr-21 400.46 403.68 399.04 401.70 403.66 -1.96 28,663 22,805 Jun-21 403.00 405.84 385.50 403.40 405.88 -2.48 8,172 27,581...

  • China Shanghai Rubber Futures Closing Prices, Volume

    Friday, October 30 2020 Natural Rubber Turnover: 2,278,173 lots Open High Low Settle Prev. Change Vol Open Settle Interest Nov-20 14,005 14,800 13,890 14,260 14,615 -355 1,556 3,122 Jan-21 15,480 16,630 15,390 16,010 16,145 -135 1,991,948 213,619 Mar-21 15,185 16,310 15,020 15,705 15,870 -165 14,814 9,584 Apr-21 15,120 16,160 15,065 15,620 15,795 -175 5,282 7,821 May-21 15,050 16,100 15,000 15,515 15,690 -175 233,867 68,257 Jun-21 14,970 15,920 14,970 15,665 15,575 90...

  • China to Prioritize Tech Self-Reliance, Officials Say

    China will put "technology self-reliance" at the top of all planning tasks for the next five years and emphasize the quality of economic growth in the next stage, senior Chinese officials said Friday. "It is the first time that a five-year plan has dedicated a specific chapter to technology," Minister of Science and Technology Wang Zhigang said at a news conference, providing more details on the country's economic blueprint. And we should improve our ability of independent...

  • French Economy Rebounded in 3Q, Beating Forecasts

    France's economy rebounded in the third quarter, recovering from its biggest contraction on record in the second quarter due to the lockdown enforced to limit the spread of the coronavirus pandemic. The eurozone's second-biggest economy grew 18.2% during the third quarter, following a revised 13.7% decline in the second quarter, French statistics agency Insee said in a first estimate for the period. Economists polled by The Wall Street Journal had forecast a 15.0% expansion.

  • Impala Platinum Says 1Q Volumes Rose; Coronavirus Hit Was Minimal

    Impala Platinum Holdings Ltd. (IMPUF) said Friday that total 6 E concentrate volumes rose 11% to 859,000 ounces for the first quarter of fiscal 2021, and that production losses attributable to the coronavirus pandemic were minimal. 6 E concentrates are platinum, palladium, rhodium, ruthenium, osmium and gold. The South African platinum miner said that for the period from July 1 to Sept. 30 gross metric tons milled at managed operations rose 18% to 6.13 million metric tons.

  • Singapore's Employment Fell at Slower Pace in Third Quarter

    Singapore's total employment excluding foreign domestic workers fell by 26,900 in the third quarter, a smaller drop than the 103,800 decline in the second quarter, according to advance estimates released by the Manpower Ministry on Friday. The employment reductions were the largest in construction and manufacturing, while employment growth picked up in community, social and personal services as well as food and beverage services, the ministry said. Resident employment has...

  • Singapore Manufacturers Expect Business Conditions to Stay Soft, EDB Says

    Singapore manufacturers expect business conditions to remain soft amid uncertainty about the coronavirus pandemic, global macro conditions and U.S.-China tensions, the Economic Development Board said Friday. A net weighted 3% of manufacturers anticipate a less favorable business situation for the October-March period, compared with the third quarter, the EDB said. A weighted 21% of manufacturers foresee a weaker business outlook, while a weighted 18% of them expect the...

  • GRAIN HIGHLIGHTS: Top Stories of the Day

    Wheat Down For Fourth Straight Session. Wheat for December delivery fell 0.8% to $6.03 3/ 4 a bushel on the Chicago Board of Trade Thursday in reaction to more rain in major wheat-growing areas in the U.S. and Russia. Corn for December delivery fell 0.8% to $3.98 1/ 2 a bushel.

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