News

At midday close, domestic futures contracts showed mixed results. Apple futures rose over 4%, styrene (EB) and ethylene glycol (EG) rose over 3%, and synthetic rubber, eggs, fuel oil, lithium carbonate, and low-sulfur fuel oil (LU) rose nearly 3%. On the downside, gold futures fell over 2%, coking coal fell nearly 2%, and iron ore, platinum, and silver futures fell over 1%.

The UK services sector index rose 2.2% year-on-year in September, in line with expectations and down from 2.4% previously.

UK manufacturing output rose 4.4% year-on-year in September, below the expected 3.8% and the previous figure revised from 3.00% to 2.5%.

The UK's GDP grew at an annual rate of 2.1% in September, below the expected 1.9% and the previous figure revised from 2.1% to 2%.

The UK's preliminary third-quarter GDP annualized rate was 1.9%, in line with expectations and down from 1.40% previously.

UK industrial production rose 0.3% month-on-month in September, compared with a forecast of -0.3% and a revised previous reading of 0.7% (up from 0.80%).

UK manufacturing output rose 0.7% month-on-month in September, below the expected -0.5% and the previous figure revised from 1.20% to 0.7%.

UK construction output rose 0.8% month-on-month in September, below the expected -0.1% and the previous figure revised from -0.20% to -0.5%.

Iranian Parliament Speaker Mohammad al-Kalibaf stated in an interview with Al Jazeera that Qatar and Pakistan are currently the two official mediators between Iran and the United States.

Nvidia's stock price on the Tradegate platform fell 7.4% from yesterday's closing price.

Saxo Bank chief investment strategist Charu Chanana said in a note that uncertainty over NVIDIA’s leadership could accelerate shifts to alternative suppliers. AMD, Broadcom, Alphabet and Samsung Electronics may benefit, though meaningful market-share gains will take time. A larger risk is disruption to the broader AI ecosystem: higher debt financing, pressure on hyperscalers’ free cash flow and regulatory uncertainty are already testing the sustainability of AI spending. Chanana described this as a test for AI trades rather than their end and said investors should separate firms benefiting from ongoing infrastructure spend from those that can generate sustainable returns from AI adoption.

The NI225 closed down 429.23 points, or 0.70%, at 60,819.36 on Thursday, November 12.

In an interview with the Iranian Students' News Agency (ISNA), Haghsinad, a member of the Central Committee of the Iranian National Trust Party, stated: "From now until the inauguration of the new US Congress on January 3, there will be a political vacuum in the United States, which presents the best opportunity for dialogue. I believe we can respond to Vance in a swift, accurate, and appropriate manner, making the most of this favorable situation."

According to Russian sources on the 12th, a Russian military officer was killed in a car explosion.

Bank of Japan board member Toichiro Asada: The monetary stimulus policy implemented by Haruhiko Kuroda was appropriate at the time.

Bank of Japan board member Toshiro Asada: Haruhiko Kuroda's reflationary monetary policy aims to help Japan escape long-term deflation and economic stagnation.

Bank of Japan board member Toshiro Asada agrees with the view that "the reflation policy has been successful, and therefore its historical mission has ended."

Bank of Japan board member Toshiro Asada: Japan's inflation rate has already reached about 2%, so there is not much point in pushing up prices further.

Global nuclear power construction exhibits a clear regional disparity. According to data from the World Nuclear Association (WNA), as of November 9, 2026, China had 40 nuclear power units under construction, ranking first globally. India had 8, Russia 7, Egypt, Turkey, and South Korea each had 4, while the United States had no commercial nuclear power units under construction. Updated statistics from the WNA on November 11 show that China had 39 units under construction, out of a global total of 82, representing nearly 48% of the total. The remaining countries had a combined 43 units. The United States currently has 94 operating nuclear reactors, with another 25 in the proposal stage but not yet in formal planning or construction. In contrast, China has established a sustained scale of nuclear power project construction, with more continuous project demand in nuclear equipment, engineering construction, and the supply chain. With the growth in demand for AI data centers, electrification, and industrial electricity, stable baseload power is increasingly valued. The long construction cycle of nuclear power plants means that the current scale of construction will affect the new power supply capacity for the next few years and will be one of the key differences in the long-term energy security of AI infrastructure between China and the United States.

Bank of Japan policy board member Toshiro Asada: I am not entirely against raising interest rates. At some point in the future, we may need to raise rates slowly. If we do raise rates, the pace must be cautious.