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Shanghai exchange is making adjustment for some futures cutting the trading margin for copper, aluem nim, and tin futures from 8 to 7 while the daily limit will be cut to 5 . It is also making similar adjustments for gold and silver futures. The changes will take effect on january 2. Iraq says it is optimistic oil will continue to rise in 2018 thanks to falling global stockpiles and higher demand in china and india. Oil minister says he expects the market to rebalance in the First Quarter thanks to the output caps imposed and extended by opec and independent producers. As futures start this hour, brent pretty much flat. 65. 24. New york crude up slightly, 58. 51. Global news 24 hours a day powered by more than 2700 journalists and analysts and more than 120 countries. This is bloomberg. A quick check on the markets. Just getting under way. Currently pretty much in the red. Down by 0. 2 , down by a similar margin for shanghai. And the nikkei, kospi, opposite territories. This is bloombe

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