Monday, 19 October 2015

Asian shares trim losses after China GDP beat expectations

Asian shares outside Japan recovered early losses on Monday, after China's third-quarter gross domestic product (GDP) beat market expectations. 
GDP for the world's second-biggest economy grew 6.9 percent percent on-year in the July-September quarter, compared with 7 percent in the previous three months, official data showed on Monday. 
Analysts polled by Reuters had forecast China's growth to slow to 6.8 percent from a year earlier. "To be sure, markets are fully anticipating that third-quarter GDP will miss the 7.0 percent growth target," Mizuho Bank's senior economist Vishnu Varathan wrote in a note.

For More Information :Intraday Trading Tips, Intraday Stock Tips,F&O tips,Stock Future Tips,
Intraday Tips ,Option Trading Tips,Stock Option Tips,Future & Option Tips,option tips

No comments:

Post a Comment