Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
German Industry Employment Falls to Lowest Level in a Decade 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
The Japan industrial production (IIP) growth remained unchanged in November, registering a consistent positive growth in last 5 months. The final IIP for November came at +1.5 percent m/m (flash was +1.5 percent m/m), from preliminary +1.5 percent in September.
Moreover, shipments climbed 1.0 percent m/m, slightly above the 0.9 percent growth reported earlier. Additionally, inventories fell 1.6 percent, from down -1.5 percent. On an annual basis, industrial production rose 4.6 percent in November, up from -1.4 percent in September.
On the other hand, data also showed that the capacity utilisation climbed 3.0 percent m/m in November, better than October's rise of 1.4 percent.
Meanwhile, the benchmark Nikkei 225 fell 1.07 percent to 18,890 and the USD/JPY dipped 0.35 percent to 113.80, while at 5:00 GMT, the FxWirePro's Hourly Yen Strength Index remained highly bullish at 105.85 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
