A look at the day ahead in European and global markets from Anshuman Daga
in China's exports and imports last month, the mood remains upbeat for stock bulls on Monday as they still buy into the China loosening story.
Stock markets in the region chalked up gains across-the-board, underpinning Friday's rise in global shares after jobs data came in stronger than expected but also hinted at some slack in theGoldman Sachs said in a note on Sunday that Chinese stocks could rally 20% on and before an expected reopening in the first quarter of 2023, as equity markets tend to respond about a month in advance of policy changes and the positive momentum typically lasts for two to three months.
Chinese equities surged 5.3% last week, the biggest weekly gain in more than two years, as investors pumped a trillion dollars into the market on hopes of a reopening in the world's second-biggest economy. Meanwhile, a thrifty festive season beckons for Britain, with six in 10 Britons believing they will have less money to spend over the Christmas period than last year, according to a
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Asian markets mostly rise as investors watch for signs of China relaxing COVID restrictionsAsian stocks advanced Monday as investors weighed uncertainties such as the U.S. mid-term elections and China's possible moves to ease coronavirus restrictions.
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Morning Bid: Positioning for pivot made in ChinaSpeculation is mounting that China soon might change its zero-COVID policy.
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Biden and Democrats face reappraisal of COVID-19 policies ahead of midterm electionsPresident Joe Biden had an enormous edge in 2020 with voters whose biggest concern was the coronavirus. But with some pandemic policies not aging well and the issue generally slipping down the list of voter worries, COVID-19 could become a drag for Democrats in the midterm elections.
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CDC warns of tough winter as flu, RSV and covid collideThe United States continues to experience an unusually high and early uptick in flu and respiratory syncytial virus infections, straining a health-care system trying to recover from the worst of the coronavirus pandemic. While new coronavirus cases leveled off in recent weeks, federal health officials warned Friday they are confronting elevated levels of other viruses that are roaring back as pre-pandemic life returns and many Americans, particularly children, lack immunity. The Centers for Dise
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Pfizer study says updated COVID boosters rev up protectionPfizer says its updated COVID-19 booster significantly revved up adults' virus-fighting antibodies.
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