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Japan Imports (YoY) came in at -11.9%, below expectations (-8.6%) in November

WTI looking to keep afloat above $74.00 as Crude Oil tries to shake off continuing supply buildup

West Texas Intermediate (WTI) is struggling to develop topside momentum even as Crude Oil supply lines see a slight constraint after several firms have temporarily suspended sending Crude oil shipments through the Red Sea shipping lane after several vessels were attacked by Houthi rebels in Yemen.
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Japan Merchandise Trade Balance Total came in at ¥-776.9B, above forecasts (¥-962.4B) in November

Japan Merchandise Trade Balance Total came in at ¥-776.9B, above forecasts (¥-962.4B) in November
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