China Data Disappointment Drags On Stocks And Commodities
Overnight, China released disappointing Q4 GDP (5.2% vs street 5.3%) and retail sales (7.4% vs street 8.0%) reports, which the street appears to have taken a sign that the Middle Kingdom’s economy continues to struggle. Asia Pacific markets broadly sold off on the news, including drops of 3.7% for Hong Kong, 2.1% for Shanghai, and […]