14 July, 2016 by The TZ Newswire Staff Comments Off on Fed Loses Another Excuse As China "Super Friday" Data Dump Beats Expectations
Fed Loses Another Excuse As China "Super Friday" Data Dump Beats Expectations
China’s ‘Super Friday’ data dump arrived and despite the 10% devaluation in the Renminbi basket over the past year, and an utterly incredible spike in borrowing (new loans spiked again in June!!), China economic data merely muddles through in its centrally-planned goal-seeked way.
14 July, 2016 by The TZ Newswire Staff Comments Off on More China data – new yuan loans, money supply etc.
More China data – new yuan loans, money supply etc.
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June new yuan loans, 1380bn CNY BIG BEAT – don’t ignore this data point, a hint of stimulus here in the expansion of laons
– expected is 1000bn, prior was 985.5bn
Aggregate financing RMB, 1630bn ANOTHER BIG BEAT
14 July, 2016 by The TZ Newswire Staff Comments Off on China economy grows 6.7 pct on-year in Q2, narrowly beating estimates: Reuters
China economy grows 6.7 pct on-year in Q2, narrowly beating estimates: Reuters
The world’s second-largest economy grew by 6.7 percent in the April-June quarter, narrowly beating estimates of a 6.6 percent expansion.
14 July, 2016 by The TZ Newswire Staff Comments Off on China Q2 GDP: 6.7% y/y (expected 6.6%)
China Q2 GDP: 6.7% y/y (expected 6.6%)
Second quarter GDP data from China
For the y/y, %
– expected 6.6% and prior 6.7%
For the q/q (sa),
– expected 1.6%, prior 1.1%
more to come (and plenty of other data out at the same time)
14 July, 2016 by The TZ Newswire Staff Comments Off on China June Industrial production 6.2% y/y (expected 5.9%) & Retail sales 10.6% y/y (9.9%)
China June Industrial production 6.2% y/y (expected 5.9%) & Retail sales 10.6% y/y (9.9%)
More China data, the GDP is the big focus, but these two in the headline are important also
June Industrial production 6.2% y/y, BEAT
– expected 5.9%, prior 6.0%
Retail sales for June 10.6 % y/y, BEAT
14 July, 2016 by The TZ Newswire Staff Comments Off on Heads up for China GDP data – scheduled at 0200GMT but could be any time
Heads up for China GDP data – scheduled at 0200GMT but could be any time
Chinese GDP data often leaks, or dribbles, or whatever
Its scheduled at 0200GMT, but we could see it any time from now really.
So, just a heads up
Earlier:
14 July, 2016 by The TZ Newswire Staff Comments Off on Elliott Wave Update ~ 14 July 2016
Elliott Wave Update ~ 14 July 2016
I’m pretty sure this count will be wrong and we get a new Wilshire high soon enough.
Which implies the chart below.