MARKET DAILY

Market 12/05: +350 billion USD liquidity injected into the market in November

October job openings drop to lowest level in over 2 years. Services PMI shows a bright picture. Moody's downgrades China's credit rating.

October job openings at 8.7 million, the lowest since the economy reopened in Q1 2021.

JOLTS new hiring rate has decreased -0.9bps over the past 6 months, not as sharply as in previous months, but still faster than historically.

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