With three new risky credits last week, the global count so far this year is up to 89. This is 40% higher than at the same time last year. In the week ahead, the U.K. will release its preliminary GDP data for the third quarter and China will release its October credit data (Friday). Markets are also expecting lower October inflation prints in both Germany and China (Wednesday) while Japan's September wage data (Monday) will be important for its medium-term inflation outlook. Australia's monetary policy meeting is on Monday, with markets expecting a 25-basis-point rate hike.
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