China's third-quarter GDP rises only 9.6% year-on-year

Discussion in 'Economics' started by ASusilovic, Oct 20, 2010.

  1. + 10.5% expected...
  2. China September consumer prices up 3.6%

    China Sept. producer prices up 4.3% year-on-year
  3. S2007S


    Analysts were expecting 9.5%, so they actually beat by .1%

    10.3% was from the second Quarter.
  4. shanghai market down close to 2% First big drop since the runup began last week.
  5. S2007S


    Asian markets turn lower, futures down now, HOWEVER by tomorrow morning the markets will not only be cheering unemployment numbers but also earnings out of UPS and CAT which should beat estimates by miles. No need to worry, the fed is also here to pump the market higher, sit back and relax, the risk free money is still available to all thanks to the magician bubble ben bernanke.

    *S&P FUT
    1174.50 -0.20 -0.01%
    *DOW FUT
    11059.00 -4.00 -0.03%
    *NAS FUT
    2081.25 -2.50 -0.12%
    9365.27 -16.32 -0.17%
    23481.84 -74.66 -0.31%
    2961.73 -42.21 -1.40%
  6. Saoleo


    Artists in China are better than in the USA :)
  7. China cooling slightly but still looks strong. The rate hike earlier this week should stabilize the CPI @ ~3.5% without doing too much damage to growth. Canada and Australia should benefit.