Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
China's Central Bank Initiates 800 Billion Yuan Funding Schemes
On Friday, the People's Bank of China (PBOC) launched two significant funding schemes, injecting up to 800 billion yuan ($112.38 billion) into the stock market through new monetary policy tools aimed at fostering capital market stability.
The PBOC detailed the operational aspects of the swap and lending schemes, initially announced in late September, designed to support the "steady development" of China's capital markets. Recent market optimism has dwindled, leading to caution over the implementation of Beijing's stimulus plans. The benchmark CSI300 Index rose 0.8% on Friday, recovering from early losses.
The swap scheme, valued at 500 billion yuan, allows brokerages and fund management firms to secure liquidity through asset collateralization to purchase stocks. Currently, 20 companies have been approved for participation, with initial applications exceeding 200 billion yuan.
Additionally, the PBOC introduced a lending program worth 300 billion yuan, enabling financial institutions to borrow for share purchases by listed companies and their major shareholders at competitive interest rates.
These measures follow a meeting between China's financial regulators and key institutions, emphasizing the need for rapid implementation of policies to support economic growth and market stability.
