Stimulus hopes keep stocks afloat

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Equity markets in Asia kicked off the week on a positive note along with US futures, as investors digested China’s GDP data and some optimism that US policy markets may still reach an agreement on a stimulus package before Election Day. The dollar was little changed against its major peers, gold traded slightly higher and crude oil fluctuated ahead of today’s OPEC+ Joint Ministerial Meeting.

China’s Q3 missed expectations

China’s GDP grew 4.9% in Q3 compared to last year, coming up short of market expectations for 5.2% growth. Despite the miss, China remains the only major economy to… Read More:

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