Macro and rates: ECB hike bets, JGB yields, China auto slump
The euro rose on ECB hike expectations, the 40-year JGB yield hit 3.990%, and China's October passenger vehicle sales fell 27.3%.
What we know
Euro strength reflects ECB hike expectations and a weaker dollar. The 40-year JGB yield rose to 3.990%. China's October passenger vehicle sales fell 27.3% to 1.65M units.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.