Today we are taking a look at:

  • US Treasuries bear steepened for the second consecutive session as long-end yields led declines
  • Markets await catalyst for the next move
  • Oil retreated from a six-week high as investors weigh indications of expanding American crude inventories and mixed signals on the progress of U.S.-China trade talks.
  • Global stocks take a breather after conflicting news flow on Sino-American trade discussions lead to some risk-off activity
  • Consumer confidence worse than expected as economic outlook deterioratesDailyMarketCommentary191106

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