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EUROPEAN SESSION In the European session, we get the final services PMI for the major Eurozone economies and the UK. The data won't change anything for the respective central banks, so the market reaction will likely be muted. The main highlight is going to be the Eurozone CPI report. Headline CPI Y/Y is expected at 4.0% vs 3.8% prior, while the Core CPI Y/Y is seen unchanged at 2.5%. The ECB has…

CommodityOilPrice.com

China Now Home to Nearly Half of World's Clean Industrial Plants

China is home to 49% of the world’s “clean industrial plants” thanks to massive investments in energy transition projects, solidifying its position as the biggest investor in wind, solar, batteries, and other alternative energy sources. According to a report by decarbonization outlet the Mission Possible Partnership, China accounted for $45 billion in energy transition investments this year. The…

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