EMEA Morning Briefing: Stocks Seen Lower; Investors Await Fresh Data for Rate Cut Cues morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
China's central bank held its key rate, rolling over medium-term loans amid uncertainties about the Fed's plans, constraining Beijing's monetary policy options.
Beijing is striking a delicate balancing act to support the economy at a time when signs of persistent deflationary pressure call for more stimulus measures. But any aggressive monetary movement risks reviving depreciation pressure on the Chinese currency and capital outflows.