*Rally in Europe, gains in Asia cap wild week. LONDON, Oct 2- Gains for European and Asia stocks capped a wild week for financial markets on Friday, before a key U.S. jobs report that may improve the chances of the Federal Reserve raising interest rates before year-end. Concern about U.S. monetary policy and slowdown in emerging markets led by China has hit commodities...» Read More
CNBC's Susan Li reports China lowers its growth outlook and increases government spending to $2.7 trillion in 2015.
China has set its growth target at 7 percent for 2015. Charlie Awdry, Chinese investment manager at Henderson Global Investors, says it wasn't a surprise that the growth target was reduced.
Sani Hamid, director of Economy & Market Strategy at Financial Alliance, says U.S. stocks may be nearing a "healthy correction" after a recent bull run resulted in "frothy valuations."
Evan Feigenbaum, vice chairman at Paulson Institute, outlines his theory of a "new Asian order" and explains how that poses as a challenge to the U.S.
Regardless of the results of the Shanghai-HK stock connect, a similar link-up in Shenzehn will materialize if it matches China's aim to integrate its capital markets, says Helen Zhu, head of China Equities at BlackRock.
Rocky Tung, chief economist at Coface, attributes the increase in overdue amounts and periods to factors like cashflow problems among Chinese firms.
Mark Matthews, head of Research, Asia of Bank Julius Baer, remains bullish on U.S. stocks. He adds that if an 8 percent pullback occurs, it will be "nothing much in the midst of a bull run."
While China's sooner-than-expected rate cut could be seen positively, markets could also infer that the economy isn't doing very well, says independent economist Andy Xie.
With policy decisions made by a selected few, conventions like the National People's Congress are "not meaningful in substance," says independent economist Andy Xie.
While the Nasdaq Composite's close above the 5,000 mark is a solid move, it is "nothing more than a round number," says Kenny Polcari, director at O'Neil Securities.
Ian Robertson, member of the board of management at BMW, weighs in on BMW's markets, in particular Russia, Europe and China.
Edwin Gutierrez, head of emerging market sovereign debt at Aberdeen Asset Management, talks about India's budget for growth and the cut in corporation tax.
The world’s stock exchanges are a frenzy for trading activity. Ahead of the Global Financial Market Forum, we look at some of the most spectacular.
Kunal Ghosh, emerging market portfolio manager at Allianz Global Investors, outlines the factors that make Taiwan an attractive market.
Neelkanth Mishra, India equity strategist at Credit Suisse, says the boost in government spending will have a "meaningful and positive impact" in India's gross domestic product (GDP).
Chetan Ahya, chief Asia economist at Morgan Stanley, says the People's Bank of China needs to cut interest rates further because real interest rates remain "pretty high."
Medha Samant, investment Director, Asian Equities at Fidelity Worldwide Investment, is positive about the state of China's re-balancing act and explains where the firm is focusing on.
Hong Kong-based Baring Private Equity Asia raised $3.99 billion for its sixth Asia fund last Tuesday. Jean Salata, CEO of Baring Asia, outlines where the fund will be targeting.
Martin Sorrell, CEO of WPP, discusses the significance of Prince William's visit to China. He also explains why the agency remains "extremely bullish" on the mainland.
Alaistair Chan, economist at Moody's Analytics, says China needs more rate cuts to prop up growth, likely in the form of another 50-basis-point cut in the reserve requirement ratio.