- Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive stimulus from all the major central banks.
- Markets are keyed for a cut in the deposit rate of at least 10 basis points and a resumption of bond buying, sending German 10-year bund yields to a record low of -0.71%.
- Brent crude futures added 46 cents to $58.69, while U.S. crude rose 59 cents to $55.06 a barrel.
- Asia stocks take heart in stimulus speculation (Investing.com: Aug 16, 2019 at 12:00 AM)
- Asia stocks take heart in stimulus speculation (Reuters: Aug 16, 2019 at 3:51 AM)