Asian markets rally on Trump's health, stimulus hope

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Analysts say the episode could help jolt congressional leaders to up their efforts for a second economic rescue package. FMTNews

A woman walks past a bank’s electronic board showing the Hong Kong share index at Hong Kong Stock Exchange today.

But after spending the weekend in hospital — with conflicting reports about the severity of his condition — Trump’s medical team said he had “continued to improve” and could return home as early as Monday. Pelosi and Treasury Secretary Steven Mnuchin have held a series of talks aimed at matching up their spending plans, with the Democrats’ US$2.2 trillion proposal around US$600 billion more than what Republicans are willing to stump up.

“With key economic data extending its run of disappointments versus expectations and high-profile corporate layoffs, additional aid would seem imperative.” But Axi strategist Stephen Innes warned of more bumps in the road ahead: “With just weeks ahead of the US election, the only certainty is the uncertainty of what lies ahead.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines