Strong China Data and Earnings Spark Rallies In Stocks and Metals

Investors have responded positively to Chinese economic reports released overnight which included Q3 GDP (4.6% vs street 4.5%), retail sales (3.2% vs street 2.5%), and industrial production (5.4% vs street 4.6%). UK retail sales also beat expectations (3.9% vs street 3.2%). US housing starts came in slightly above the street consensus. Both the US and […]