MARKET DAILY

Market 11/14: Strong short squeeze after October CPI report

Stocks rally, bond yields drop sharply. China's economy struggles to recover despite government stimulus measures.

Headline CPI unchanged from previous month: +3.2% Y/Y (lower than forecast +3.3% Y/Y),

Monthly figure 0% M/M (sharply down from September: +0.4% M/M).

Core CPI: +4.0% Y/Y (expected: +4.1%) - lowest since Sep 2021.

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