Chinese manufacturing outperforms expectations

Asian stocks retreated as US bond yields continued their upward trajectory, with the 10Y Treasury note solidified at a 1.73% yield, discounting future cash flows for growth stocks. The Eurodollar’s weakening continues, at 1.707 while the Yen depreciated by 0.5%.

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November 10, 2021

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Yesterday’s Short Term Energy Outlook published by the EIA showed a relatively balanced global oil market, with stock builds in H1 22, which was a…
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