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Marketmind: China to put dampener on market party

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. A Santa rally is in full swing across global stocks, with the Bank of Japan s .

Marketmind: China to put dampener on market party

A 'Santa rally' is in full swing across global stocks, with the Bank of Japan's dovish tilt on Tuesday adding fuel to a fire already burning nicely after the Federal Reserve indicated last week that U.S. interest rates could be cut early next year. Even Chinese stocks got in on the act, snapping a four-day losing streak, and Beijing is where investor attention in Asia turns on Wednesday as the People's Bank of China prepares to deliver its latest policy decision. But that probably won't come until some time next year, and although investors are fully anticipating no action on Wednesday, it will be another reminder of China's policy predicament, economic travails and market vulnerabilities.

MORNING BID ASIA-Bank of Japan countdown almost over

A look at the day ahead in Asian markets. The Bank of Japan s policy decision and subsequent remarks from Governor Kazuo Ueda will dominate Asian markets on Tuesday and maybe give.

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