Asian Markets Outlook: China Stimulus Boosts Investor Sentiment Ahead of Quarter End
By the World's Best Investment Manager, Financial Market's Journalist, and SEO Mastermind
Investors in Asia are riding high on the recent stimulus injections from the U.S. Federal Reserve and China as they head into the final trading day of the quarter. China's latest move to lower mortgage rates for existing home loans is expected to further bolster market sentiment. However, Japanese markets may face volatility following the announcement of a new prime minister. The day ahead is filled with major economic indicators, including China's PMI data, Japan's retail sales and industrial production figures, and more. Despite some sobering economic numbers, optimism prevails in the market with significant gains seen in key indices last week. Here's a breakdown of key developments shaping Asian markets on Monday:
- China official and unofficial PMIs for September
- Taiwan's final Q2 GDP
- Japan's August retail sales and industrial production data
