The euro traded near a one-month low before data today that analysts said will show inflation slowed in the region, boosting bets the European Central Bank will signal stimulus measures at a policy meeting this week.
China’s securities watchdog is forging ahead with rules that allow brokers to invest in complex financial products and enter risky new businesses even after an unprecedented $3.8 billion trading error roiled markets.
Pakistan’s benchmark stock index rose, set for a five-week high, after the Securities and Exchange Commission said it will evaluate a plan tomorrow for investors to trade shares using money borrowed from brokers.
The Australian dollar is poised to reverse its advance to a one-month high against the yen, trading patterns suggest, after the currency pair tracked a recovery in investor appetite for riskier assets.
Pakistan’s benchmark stock index rose, on course for its highest in almost eight weeks, after the regulator agreed to allow investors to fund transactions with money borrowed from brokers and financial institutions.
Haitong Securities Co. led a rally for brokerages in Shanghai on improved earnings prospects for the industry after the government said it would allow more stocks to be used for margin trading and short selling.