A guide to the week ahead
The Formula 1 Grand Prix in Singapore in 2022. Photographer: Lauryn Ishak/Bloomberg , Bloomberg
The big cut. Expect China’s central bank Governor Pan Gongsheng to trim 10 basis points from the one-year, medium-term lending rate on Friday, the second cut since he took the helm in July. Credit, activity and price data will hopefully show the economy on the mend, though still needing more policy support.
The big pact. Oil prices look set for extended gains after the agreement by Russia and Saudi Arabia to restrict supply pushed crude above $90 a barrel.
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