{"id":58373,"date":"2026-02-11T04:08:43","date_gmt":"2026-02-11T08:08:43","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/nickel-surges-on-indonesian-supply-cuts-totalenergies-reports-mixed-earnings-ecb-remains-cautious\/58373\/"},"modified":"2026-02-11T04:08:43","modified_gmt":"2026-02-11T08:08:43","slug":"nickel-surges-on-indonesian-supply-cuts-totalenergies-reports-mixed-earnings-ecb-remains-cautious","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nickel-surges-on-indonesian-supply-cuts-totalenergies-reports-mixed-earnings-ecb-remains-cautious\/58373\/","title":{"rendered":"Nickel Surges on Indonesian Supply Cuts, TotalEnergies Reports Mixed Earnings, ECB Remains Cautious"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nickel-surges-on-indonesian-supply-cuts-totalenergies-reports-mixed-earnings-ecb-remains-cautious\/58373\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nickel-surges-on-indonesian-supply-cuts-totalenergies-reports-mixed-earnings-ecb-remains-cautious\/58373\/#Market_Movers_Nickel_Energy_and_Financials_in_Focus\" >Market Movers: Nickel, Energy, and Financials in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nickel-surges-on-indonesian-supply-cuts-totalenergies-reports-mixed-earnings-ecb-remains-cautious\/58373\/#Commodity_Spotlight_Nickel_Rallies_on_Indonesian_Supply_Shock\" >Commodity Spotlight: Nickel Rallies on Indonesian Supply Shock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nickel-surges-on-indonesian-supply-cuts-totalenergies-reports-mixed-earnings-ecb-remains-cautious\/58373\/#Energy_Sector_TotalEnergies_Delivers_Mixed_Q4_Outlines_2026_Strategy\" >Energy Sector: TotalEnergies Delivers Mixed Q4, Outlines 2026 Strategy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nickel-surges-on-indonesian-supply-cuts-totalenergies-reports-mixed-earnings-ecb-remains-cautious\/58373\/#Central_Banks_and_Economic_Outlook_ECB_Cautious_China_PPI_Revised\" >Central Banks and Economic Outlook: ECB Cautious, China PPI Revised<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nickel-surges-on-indonesian-supply-cuts-totalenergies-reports-mixed-earnings-ecb-remains-cautious\/58373\/#Financials_and_Industrials_Barclays_Downgrade_Elliotts_LSEG_Stake_Siemens_Energys_Data_Center_Push\" >Financials and Industrials: Barclays Downgrade, Elliott&#39;s LSEG Stake, Siemens Energy&#39;s Data Center Push<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Nickel futures surged by 2.6% on the London Metal Exchange (LME)<\/strong> after Indonesia, the world&#39;s largest producer, ordered a <strong>70% cut in ore quotas<\/strong> for its biggest mine, Weda Bay, impacting 10-12 million tons of output.<\/li>\n<li><strong>TotalEnergies (<a href=\"\/stock\/TTE\">TTE<\/a>) reported Q4 2025 adjusted net income of $3.84 billion<\/strong>, exceeding estimates, and projected <strong>cash flow above $26 billion<\/strong> for the current year, alongside a <strong>3% rise in oil and gas production<\/strong>.<\/li>\n<li>The <strong>European Central Bank (ECB)<\/strong> maintains a <em>meeting-by-meeting approach<\/em> to monetary policy due to <em>ongoing uncertainty<\/em>, while <strong>Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>) revised China&#39;s 2026 full-year Producer Price Index (PPI) forecast to -0.5%<\/strong>.<\/li>\n<li><strong>Barclays (<a href=\"\/stock\/BCS\">BCS<\/a>) downgraded the European insurance sector to an &quot;underweight&quot; rating<\/strong>, and <em>activist investor<\/em> <strong>Elliott Management<\/strong> built a significant stake in the <strong>London Stock Exchange Group (<a href=\"\/stock\/LSEG\">LSEG<\/a>)<\/strong>.<\/li>\n<li><strong>Siemens Energy (<a href=\"\/stock\/ENR\">ENR<\/a>) revealed that 25% of its gas turbine orders are now tied to data centers<\/strong>, highlighting the growing energy demands of the digital infrastructure boom.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Market_Movers_Nickel_Energy_and_Financials_in_Focus\"><\/span>Market Movers: Nickel, Energy, and Financials in Focus<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><em>Global markets are reacting to a flurry of corporate earnings, commodity supply shifts, and central bank commentary, with nickel prices surging following significant production cuts in Indonesia.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Commodity_Spotlight_Nickel_Rallies_on_Indonesian_Supply_Shock\"><\/span>Commodity Spotlight: Nickel Rallies on Indonesian Supply Shock<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Nickel futures on the London Metal Exchange (LME) climbed 2.6%<\/strong> today, driven by an unexpected announcement from Indonesia, the world&#39;s largest nickel producer. The Indonesian government has ordered a <strong>70% reduction in ore quotas<\/strong> for the Weda Bay nickel mine, considered the world&#39;s largest. This cut is expected to impact <strong>10 to 12 million tons<\/strong> of output, significantly tightening global supply. <em>The move underscores the ongoing volatility in critical raw material markets and the potential for government intervention to impact global prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Energy_Sector_TotalEnergies_Delivers_Mixed_Q4_Outlines_2026_Strategy\"><\/span>Energy Sector: TotalEnergies Delivers Mixed Q4, Outlines 2026 Strategy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>TotalEnergies (<a href=\"\/stock\/TTE\">TTE<\/a>)<\/strong> reported its <strong>Q4 2025 earnings<\/strong>, with <strong>adjusted net income reaching $3.84 billion<\/strong>, surpassing analyst estimates of $3.81 billion. The company also beat expectations for <strong>Diluted Adjusted Capital Employed (DACE)<\/strong>, which stood at <strong>$7.59 billion<\/strong> against an estimated $7.52 billion. However, <strong>adjusted EPS of $1.73<\/strong> fell slightly short of the $1.75 estimate. Looking ahead, TotalEnergies anticipates <strong>cash flow exceeding $26 billion<\/strong> and <strong>net investments around $15 billion<\/strong> for the current year, alongside a projected <strong>3% increase in oil and gas production<\/strong>. CEO Patrick Pouyann\u00e9 confirmed an operating agreement with Lukoil, stating the Russian company is now &quot;out.&quot;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Central_Banks_and_Economic_Outlook_ECB_Cautious_China_PPI_Revised\"><\/span>Central Banks and Economic Outlook: ECB Cautious, China PPI Revised<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>European Central Bank (ECB)<\/strong> Governing Council member Gabriel Makhlouf reiterated the central bank&#39;s commitment to a <em>meeting-by-meeting approach<\/em> to monetary policy, citing <em>persistent uncertainty<\/em> in the economic landscape. Meanwhile, <strong>Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>)<\/strong> has revised its <strong>China 2026 full-year Producer Price Index (PPI) forecast upwards to -0.5%<\/strong>, suggesting a slightly less deflationary outlook for the Chinese economy than previously anticipated.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Financials_and_Industrials_Barclays_Downgrade_Elliotts_LSEG_Stake_Siemens_Energys_Data_Center_Push\"><\/span>Financials and Industrials: Barclays Downgrade, Elliott&#39;s LSEG Stake, Siemens Energy&#39;s Data Center Push<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the financial sector, <strong>Barclays (<a href=\"\/stock\/BCS\">BCS<\/a>)<\/strong> has <strong>downgraded its rating on the European insurance sector to &quot;underweight,&quot;<\/strong> indicating a less favorable outlook for the industry. Separately, <em>activist investment firm<\/em> <strong>Elliott Management<\/strong> has reportedly built a significant stake in the <strong>London Stock Exchange Group (<a href=\"\/stock\/LSEG\">LSEG<\/a>)<\/strong>, as reported by the Financial Times. In industrial news, <strong>Siemens Energy (<a href=\"\/stock\/ENR\">ENR<\/a>)<\/strong> announced that a substantial <strong>25% of its gas turbine orders are now linked to data centers<\/strong>, highlighting the increasing energy demands from the rapidly expanding digital infrastructure sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Nickel futures surged by 2.6% on the London Metal Exchange (LME) after Indonesia, the world&#39;s largest producer, ordered [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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