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MS Updated Guidance, Drops SOFR Leg


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CHINA DATA: Caixin noted that "The Caixin China General Services Biz Activity
Index picked up significantly to 53.8 in Nov from a recent low in Oct, recording
its highest level since June. The gauge for new business also rebounded,
indicating that weakening demand in October was a short-term
fluctuation."....."The gauge for composite new orders recorded the most positive
rebound, reflecting that the recovery in economic activity was mainly driven by
improved demand; domestic demand has probably played a key role as the measure
for new export business dipped."
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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