comeon' guys you missed where China said their GDP growth would be 7.5%. Think about it in terms of the EU & the US, whilst the rest of the world expects a barely there +ve, we all in the west (and China) would like China to do a tad better than that = lowest since 2005.
8% is respectable (and the Chinese's past goal)- so the market doesn't know what to make of this or doesn't quite like what it read IMHO.
So far the story this week is growth - with the Euro PMI below expectations...... time for that correction - unless the US can cheer the market on!
This week a bit of a turning point maybe??
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