💨 Abstract

The dollar gained in Asian markets on Monday due to a Japanese holiday and China's less-than-expected stimulus measures. The euro, pound, and yen all declined, while the dollar index approached a peak not seen since mid-August. The yuan and Aussie also fell. China announced it will increase government debt issuance to stimulate the economy, but did not provide details.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖