Euro, stocks rally, Spain gets respite but Portugal hit (AFP)

Hong Kong (AFP) - Asian markets rallied Monday after China's surprise move last week to cut interest rates for the first time in more than two years as its leaders try to strengthen growth.

Marc Chandler submits:Ideas that at its meeting tomorrow the ECB may take additional measures to stem the financial crisis that has threatened this week to spread outside the periphery and toward countries like Belgium, are prompting some position adjustment in both the foreign exchange and fixed income markets.

Yesterday's torrid, broad-based rally looked set to continue overnight until early in the Japanese session, when the USD tumbled and dragged down with it the USDJPY, Nikkei, and US futures following a WSJ report that Robert Mueller had issued a subpoena to more than a dozen top Trump administration officials in mid October.

AFP - European stock markets and the euro rallied on Monday after central bankers and r

A rally in global risk that started during last night's first presidential debate on the market's take that Hillary Clinton came out on top in the first head-to-head between the two candidates fizzled, and what was a 0.6% jump in futures faded to only a 0.2% rebound after news that the DOJ is assessing how big a criminal fine it can extract from Volkswagen (-3.8%) over emissions-cheating "

London (AFP) - The British and German stock markets hit record peaks Monday on hopes that eurozone quantitative easing stimulus, due to be outlined later this week, will bolster economic growth.

Hong Kong (AFP) - Asia maintained a global stocks rally on Wednesday while the euro held on to healthy gains as hopes grow that Greece will be able to hammer out a debt deal with its European partners.