Global stocks continue to have a positive trading week. US equities closed Friday session higher after a choppy morning session, extending Thursday's sharp gains prompted by weaker-than-expected CPI reading for October which reinforced the case for only a modest 50 bps hike in December.
Domestic stocks struggled again, recovering weakly with the indecision trend still dominant. Chinese health authorities on November 11 announced easing some restrictions related to COVID-19 epidemic prevention, thereby shortening the isolation period for close contacts and people entering the country. At the same time abolishing sanctions on airlines that carry passengers infected with COVID-19.
- Domestic and international news
- Haven assets cool down
- Technical view and recommendations #BID
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