China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
The U.S. Treasuries slumped during Monday’s afternoon session, as risk sentiments were lifted by the better-than-expected US’ nonfarm payrolls print of 128k despite the GM strike and the consensus in principle on Phase 1 of the US-China trade deal.
US President Donald Trump hinted that the trade deal will be signed somewhere within the country, while Saudi Arabia’s Aramco has officially started its IPO process.
The yield on the benchmark 10-year Treasury yield jumped nearly 3 basis points to 1.756 percent, the super-long 30-year bond yield surged nearly 3 basis points to 2.239 percent and the yield on the short-term 2-year traded a tad over 2 basis points higher at 1.584 percent by 11:40GMT.
In the US, the week’s data calendar kicks off this afternoon with the latest factory orders figures for September, followed tomorrow with the non-manufacturing ISM for October and full trade report for September, Daiwa Capital Markets reported.
Of most interest on Wednesday will be non-farm productivity and labour costs figures for Q3, while September consumer credit data on Thursday will be accompanied by weekly jobless claims numbers.
And the week will conclude with the University of Michigan’s latest consumer confidence survey. In terms of Fed Speak, voting FOMC members Williams and Evans will speak in New York on Wednesday, while Kaplan and Kashkari are due to speak publicly on Tuesday. In the markets, the Treasury will sell 3-year notes (tomorrow), 10-year notes (Wednesday) and 30-year bonds (Thursday), the report added.
Meanwhile, the S&P 500 Futures remained nearly tad -0.27 percent down at 3,039.38 by 11:45GMT.
