A deep dive into what's moving markets across the global economy.
European stock markets have started the new week in a cautious manner Monday, as investors digested more talk of Chinese fiscal stimulus ahead of a rate-setting meeting by the European Central Bank. China’s finance ministry said in a weekend briefing that it will implement fiscal stimulus measures, including more debt issuance and support for provincial governments. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes both rose strongly, after early wild swings, but Hong Kong’s Hang Seng index - which has more exposure to foreign investors - fell.
Traders are looking to big bank earnings as Q3 earnings season begins.