China Stimulus Package Boosts Stock Market

This week is pivotal for global markets with significant economic events, including U.S. payroll data and speeches from Fed Chair Powell, which could influence monetary policy expectations. Economists forecast a slight increase in U.S. payrolls, but some predict a rise in the unemployment rate, stirring market sensitivity around the jobs report. Meanwhile, China's substantial stimulus package has triggered a buying spree in Chinese equities, significantly boosting the Morningstar China Index by 13.7% and impacting other markets positively. The Euro is also gaining strength due to inflation data, while the U.S. Dollar faces pressure from expectations of lower interest rates. Investors remain vigilant about the geopolitical landscape and its potential impacts on currency values, particularly with the upcoming Swiss CPI data. Overall, this week's economic indicators will be closely monitored for their implications on global monetary policies and market dynamics.