(Bloomberg) — Stocks in China jumped after the release of details on stimulus measures as investors turned their focus to US inflation data, which will shape the Federal Reserve’s policy easing plan.
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Asian equities rose across the board on Thursday, with a benchmark of mainland Chinese shares clawing back some of the previous day’s losses. European and US futures were marginally lower. Treasuries were steady, while oil gained as traders watched for an Israeli response to Iran’s missile attack. The Bloomberg Dollar Spot Index and the euro were little changed.
While the promise of new policy stimulus gave Chinese markets a shot in the arm in late September, concerns the deployed sum won’t be enough snapped a blistering rally in mainland shares on Wednesday. US inflation data later on Thursday will provide further detail as to the path of Fed policy, while investors in China will look to a press…
