Asian-Pacific markets opened higher on Monday, with investors closely watching China's weekend press briefing and anticipating a series of economic data releases this week from the region. The briefing hinted at potential increased debt issuance to support the economy, while September inflation figures missed expectations.
Asia-Pacific markets opened higher Monday, as investors assessed China's weekend press briefing and awaited a slew of economic data this week from the region.in a highly anticipated press briefing on Saturday hinted at more debt issuance amid efforts to shore up the economy, stating the government had a"rather large" space to increase deficit.with consumer prices rising at their slowest pace in three months at 0.
China watchers also look ahead to the week with a busy set of economic data, including China's third-quarter GDP, September industrial output growth, retail sales and unemployment rate.Stateside, stock futures were little changed in overnight trading Sunday as investors waited to assess an upcoming batch of key corporate earnings.that the central government has room to increase debt and the deficit, but noted such policies are still under discussion.
CHINA ECONOMY ASIAN MARKETS ECONOMIC DATA DEBT ISSUANCE INFLATION
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