Asian stocks hardly budged in early holiday-thinned trade on Monday, with investors nervous as to how markets in mainland China would react to government economic stimulus promises over the weekend which, though broad, were light on detail.
Minister of Finance Lan Foan pledged to "significantly increase" debt, but left investors guessing on the overall size of the stimulus, a vital detail needed to gauge the longevity of a stock market rally.
Comments
Post a Comment