Asian investors wary as China’s Finance Ministry weekend briefing underwhelms
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Asian markets are cautious following China's Finance Ministry briefing; Finance Minister Lan Fo’an promised support for the property sector but lacked specific monetary figures; China's factory-gate prices fell for the 24th month; S&P 500 rose 0.6% on Friday; Australian and New Zealand dollars slipped against the US dollar; investors disappointed by lack of concrete stimulus; CSI 300 Index saw its largest weekly loss since July; US dollar mixed against peers; key economic data expected this week including China GDP and retail sales; significant market moves include Bitcoin rising to $62,984.22 and gold falling to $2,647.21 per ounce.

#China #Finance #Investors #Market #Economy #Stimulus #Property #S&p500 #Gold #Oil

https://theedgemalaysia.com/node/730011 

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