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European Stocks Set for Mixed Start as China Debt Hints Fuel Optimism

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Business & Finance Nouvelles

European Stocks,China Economy,Debt Issuance

European markets are poised for a mixed opening on Monday, lacking clear direction after last week's volatility. Meanwhile, China's finance minister hinted at increased debt issuance to bolster the economy, sparking optimism. In the U.S., investors await crucial corporate earnings reports that could drive the market further upwards.

European stocks are heading for a mixed start to the week Monday, with regional markets lacking direction after a choppy week last week.China's Minister of Finance Lan Fo'an

The stocks are featured in the investment bank's"Conviction List - Directors' Cut," which it says offers a"curated and active" list of buy-rated stocks.Goldman Sachs raises China GDP growth forecasts amid stimulus moves The company attributed the upward revision to the Ministry of Finance suggesting that 2.3 trillion yuan of local government special bond funds will be used in the fourth quarter; and the National Development and Reform Commission stating it would pre-approve the 200 billion yuan of next year's projects by end-October.

 

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