China still less terrifying
Before the GDP, debt and Sinosteel stuff, have a chart from Citi that is best taken alongside charts from last week which demonstrated that investors are vastly chirpier about China than they were even a month ago… Further,“China’s statistics bureau said on Monday that gross domestic product rose 6.9 per cent in the third quarter in inflation-adjusted terms, down from 7 per cent in the first two quarters and 7.3 per cent for full-year 2014. It was the slowest quarterly growth rate since the first quarter of 2009 but higher than expectations of 6.7 per cent in a Bloomberg poll.” For the full article click the (VIEW LINK)
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
No areas of expertise