CHINA PRESS

China-US Should Stop Ideological Rivalry: Global Times

CHINA PRESS

PBOC May Adopt Neutral, Marginal Approach in 2020: Daily

JAPAN DATA

Japan Oct Retail Bounced Back; +6.4% Y/Y

JAPAN DATA

Japan Oct Ind. Output +3.8% M/M; Shipments +4.6% M/M

JGB TECHS

(Z0) Bullish With Resistance Breached

MNI Europe Pi (Positioning Indicator): Longs Hit The Exits

A sharp price move lower across EGBs/Gilts on Monday following news of an apparently effective Pfizer vaccine for COVID led to reductions in longs almost across the board (OATs the lone exception), based on falling OI alongside. There were no structural shorts in any single futures contract coming into this week, by our estimate.

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