Page 17 - Wayne Cole News Today : Breaking News, Live Updates & Top Stories | Vimarsana

High hopes China's markets would return from the break with a spring in their step have yet to be met, with modest gains for stocks so far. Tourism revenues during the Lunar New Year holiday did surge by 47% on a year earlier as more than 61 million rail trips were taken, though the comparison was flattered by a particularly weak season last year. The country's central bank skipped a chance to cut rates again on Sunday, which will likely limit downward pressure on the yuan, but with deflation looming, analysts see plenty of scope for further policy stimulus.

Asian shares struggled to make much ground on Monday as fading chances for early rate cuts globally soured the mood and Chinese markets returned from holiday with only muted gains. A...

Asian shares got off to a slow start on Monday as fading chances for early rate cuts globally soured the mood, though investors are hoping China markets return from holiday with a spring in their step. A holiday for U.S. markets also made for thin trading, while the latest surge in tech stocks is set to be tested by results from AI diva Nvidia on Wednesday. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.2%, after bouncing 2% last week.

A look at the day ahead in European and global markets from Wayne Cole. High hopes China's markets would return from the break with a spring in their step have yet to be...

World shares struggled to gain ground on Monday as fading chances for early interest rate cuts globally soured the mood and Chinese markets returned from holiday with only muted gains. A...