GLOBAL MARKETS-China revives stocks rally, traders await US inflation test ...Middle East

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GLOBAL MARKETS-China revives stocks rally, traders await US inflation test
source : Devdiscourse ( Middle East ) () 182
Chinese stocks resumed their rally on Thursday, fanned by expectations a briefing from finance officials this weekend would deliver anticipated fiscal stimulus, while the dollar lingered near a two-month high before a U.S. inflation report. Mainland shares got a lift early in the Asia session as China's central bank kicked off its 500 billion yuan facility to spur capital markets, a plan it announced late September as part of a series of stimulus measures.

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