A new wave of property stimulus measures is brewing that should fuel a recovery in market sentiment across China as the country’s top decision-makers pledged to tackle housing inventories, according to analysts.
A long-term financial cycle has coincided with, and bolstered, the current investment cycle. That s good and bad news for India s growing economy. The outcome is a higher investment-to-GDP ratio. But there is need for caution. If the financial cycle runs ahead of the business cycle unchecked, eventual stresses could be severe, worsening the inevitable downturn.
Brent crude futures rose 50 cents, or 0.6%, to $79.20 a barrel at 0155 GMT, while U.S. West Texas Intermediate crude futures gained 40 cents, or 0.5%, to $74.22 a barrel.