Discussion in 'Economics' started by ASusilovic, Oct 20, 2010.
+ 10.5% expected...
China September consumer prices up 3.6%
China Sept. producer prices up 4.3% year-on-year
Analysts were expecting 9.5%, so they actually beat by .1%
10.3% was from the second Quarter.
shanghai market down close to 2% First big drop since the runup began last week.
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.
1174.50 -0.20 -0.01%
11059.00 -4.00 -0.03%
2081.25 -2.50 -0.12%
MAJOR ASIA INDICES
9365.27 -16.32 -0.17%
23481.84 -74.66 -0.31%
2961.73 -42.21 -1.40%
Artists in China are better than in the USA
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.
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