Morning Bid: China adds fuel to global equity rally


Source: reuters.com reuters.com

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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 29, 2023. REUTERS/Staff/File Photo Acquire Licensing Rights A look at the day ahead in European and global markets from Kevin Buckland The markets will have plenty of impetus for an equity rally at the European open, after better-than-consensus China data added to the optimism already in place from expectations for a peak in rates at the biggest central banks. Signs that the recent flurry of support measures from Beijing are working to stabilise the economy showed up in August retail sales and factory...