China's Politburo says they will be keeping the Yuan basically stable, taking action to stabilise the property market and a focus on improving energy security
The Politburo's commitment to a stable Yuan reflects an effort to maintain economic control amid ongoing challenges, particularly in the property sector.
Newsquawk Daily European Equity Opening News - 28th April 2026
"Iran’s Foreign Minister is NOT returning to Pakistan following his Russia visit", journalist Mallick reports; "team is currently in consultation mode and will return when there to Islamabad, soon, when they think there is headway in talks."
China's Politburo says they will be keeping the Yuan basically stable, taking action to stabilise the property market and a focus on improving energy security
Newsquawk Daily European Opening News - 28th April 2026
Indonesia's Economy Minister says they are going to cut the import duty for naphtha to 0%
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- To expand domestic demand.
- Supports an upgrading of the service sector.
- Calling for more proactive fiscal policy.
Their emphasis on proactive fiscal policy and expanding domestic demand suggests a strategic approach to bolster growth and stability, which could influence risk sentiment in Asian markets. Investors may watch for implications on energy security initiatives, as this could affect sectors tied to commodity demand and geopolitical dynamics.
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