Australia shares likely to start week higher; NZ up
on Monday following a strong Wall Street close on Friday, where
news of potential German economic stimulus brought buyers back
to the equities market.
Germany’s coalition government is willing to suspend its
balanced budget rule and take on debt, according to Der Spiegel
magazine, raising hopes that Europe’s largest economy could
steer itself away from recession and cooling worries over a
global economic slowdown.
Posted by Reuters