FILE PHOTO: Man wearing a mask walks past the headquarters of the People's Bank of China, the central bank, in BeijingAsia is poised to start this week as it finished last week, with risk assets and investor sentiment buoyed by growing confidence in the U.S. economic 'soft landing', and easing financial conditions from the slide in the dollar and U.S. bond yields.
China's economic surprises index turned positive three weeks ago but despite stronger-than-expected third quarter GDP growth, that momentum has faded. This week's 'data dump' will give a clearer picture of how the economy started the fourth quarter. The Thai baht, meanwhile, climbed 1.5% on Friday for one of its strongest rallies this year. Further progress on inflation could pave the way for it to move further away from last month's one-year low around 37.20 per dollar.
While Asian and emerging stocks last week had their best weeks since July, gaining around 3%, they underperformed their U.S. and global peers, which gained 5% or more. Given their solid underlying businesses and healthy growth prospects, these three under-$30 stocks would be excellent buys right now. The post 3 Top Under-$30 Canadian Stocks to Buy Right Now appeared first on The Motley Fool Canada.
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