SINGAPORE, Oct 14 (Reuters) - Asian stocks hardly budged

in early holiday-thinned trade on Monday, with investors nervous

as to how markets in mainland China would react to government

economic stimulus promises over the weekend which, though broad,

were light on detail.

Minister of Finance Lan Foan pledged to "significantly

increase" debt, but left investors guessing on the overall size

of the stimulus, a vital detail needed to gauge the longevity of

a stock market rally.

Chinese stocks have been on a tear since the government late

last month announced its most aggressive stimulus since the

pandemic, though some of that rally has since lost momentum as

investors await further details of the support measures.

"Having gone into the weekend keenly anticipating an

explicit China fiscal stimulus announcement at Saturday's MOF

briefing, the fact this was not forthcoming risks the market

reacting with disappointment at the start of this week," said

Ray Attrill, head of FX strategy at National Australia Bank.

"Uncertainty over the overall extent of fiscal loosening and

to what extent there will be direct help for consumers will keep

markets on tenterhooks."

MSCI's broadest index of Asia-Pacific shares outside Japan

was last up 0.12%. It fell 1.7% last week.

Trading in Asia was thinned on Monday with Japan out for a

holiday.

U.S. stock futures meanwhile edged lower, with S&P 500

futures losing 0.05% while Nasdaq futures fell

0.1%.

EUROSTOXX 50 futures and FTSE futures

similarly eased 0.1% each.

Also in a blow to China's growth outlook, consumer inflation

unexpectedly eased in September while producer price deflation

deepened, data on Sunday showed, increasing pressure for more

stimulus.

Reflecting the weekend disappointment, the offshore yuan

fell 0.2% to 7.0842 per dollar in early Monday trade.

The Australian dollar, often used as a liquid proxy

for the onshore yuan, eased 0.15% to $0.6741.

Still, the latest raft of stimulus pledges prompted analysts

at Goldman Sachs to raise their real gross domestic product

forecast for China this year to 4.9% from 4.7%.

"While we have upgraded our cyclical view on the back of the

more forceful and coordinated China stimulus, our structural

view on China's growth has not changed," the analysts wrote in a

client note.

"The '3D' challenges - deteriorating demographics, a

multi-year debt deleveraging trend, and the global supply chain

de-risking push - are unlikely to be reversed by the latest

round of policy easing."

China's third-quarter GDP data is due on Friday.

Elsewhere, movement in currencies were largely subdued, with

the U.S. dollar continuing to draw support from reduced bets of

an outsized Federal Reserve interest rate cut next month.

Sterling fell 0.18% to $1.3043 while the euro

eased 0.13% to $1.0922.

Traders have priced out any chance of a 50-basis-point rate

cut from the Fed in November after data last week showed

consumer prices rose slightly more than expected in September

and recent economic releases have also underscored strength in

the labour market.

In commodities, oil prices fell by more than $1 a barrel on

Monday as the disappointing inflation data and lack of clarity

in stimulus plans in China stoked fear about demand.

Brent crude futures were last down 1.39% at $77.95 a

barrel while U.S. West Texas Intermediate crude futures

fell 1.4% to $74.50.

Spot gold eased 0.35% to $2,646.63 an ounce.