Global Markets Navigate China’s Bond Success, Surging U.S. Layoffs, and Dynamic EV Sector
Key TakeawaysChina successfully secured €4 billion from a dual-tranche bond offering, while the People's Bank of China (PBoC) injected a net 115 billion yuan into open market operations.U.S. layoff notices spiked to 39,000 in October, a level only surpassed in 2008, 2009, 2020, and May 2025, signaling a deteriorating labor market.Gold prices strengthened, with XAU/USD moving above $4,050 amid a risk-off sentiment, though overall stability persists ahead of crucial U.S. economic data releases.The EV sector d ...