Aluminum Prices Surge Toward Four-Year Highs After Gulf Smelter Strikes 
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears 
Dollar Surges to Monthly High as Middle East Conflict Rattles Global Markets 
Goldman Sachs Sees Value in European Real Estate Stocks Despite Sharp Selloff 
WTO Ministerial Collapse Leaves Global Digital Trade Rules in Limbo 
U.S. Trade Rep Dismisses WTO's Future Role After Failed Cameroon Summit 
Japan Business Sentiment Rises as Iran War Fuels Inflation Fears, BOJ Rate Hike Looms 
U.S. Dollar Posts Strong Monthly Gain Amid Middle East Conflict Despite Late Dip 
Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control 
Asian Currencies Hold Steady Amid U.S.-Israel-Iran Tensions and BOJ Signals 
Gold Prices Rebound But Head for Worst Month Since 2008 Amid Iran War Uncertainty 
Canada's Economy Grows Modestly in January 2025, Driven by Energy and Construction 
China Manufacturing PMI Hits 12-Month High Amid Energy Price Concerns 
Iran Strikes Oil Tanker Near Dubai Amid U.S. Threats and Ongoing Middle East Conflict 
Oil Prices Climb as Middle East Conflict Keeps Supply Risks Elevated 
China National Bureau of Statistic
China’s Sep manufacturing PMI came at 49.8 from 49.50 previous month, compared to a forecast of 49.50.
Non-manufacturing PMI declined to 50 in Sep from 50.30, expected 50.4.
Caixin manufacturing PMI dropped to 49.30 in Sep vs. Forecast of 50.50. While services PMI came in at 50.30 vs. the Forecast of 51.60 from 50.30 the previous month.
AUDUSD pared its gains after dismal PMI data.
Major resistance- 0.7000
Near-term resistance - 0.6950
Minor support- 0.6860,0.6800
Trend reversal level- 0.6620
