Top of the Morning: CIO Strategy Snapshot - Sources for volatility
UBS On-Air: Market Moves
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China's Fiscal Plans: Hints of Stimulus Amidst Lack of Details
This chapter reviews recent announcements from China's Ministry of Finance regarding fiscal plans that suggest a cautious approach to stimulus measures. While potential aid for local governments and the property market is hinted at, the lack of concrete details leaves markets looking for more substantial economic growth initiatives.
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