Sunday, August 11, 2013

Wall Street Journal: Data Suggest China’s Economy Stabilizing (ForexLive)

Just catching up on the Wall Street Journal over the weekend.



Data Suggest China’s Economy Stabilizing (The Wall Street Journal is often gated, so if you’re unable to access the article try a search of Google news using the headline)



The main points:


  • China showed more signs of economic resilience in July

  • Economists are cautious about whether the fresh signs of strength are pointing toward a more sustained rebound in the months ahead


Mike posted on the better than expected Chinese industrial production data late in the Asian day on Friday:



Chinese industrial production July: y/y +9.7% vs +9.0% exp













Originally Published on FX Times



by InformedTrades via InformedTrades

No comments:

Post a Comment