Monday, October 20, 2014

China growth does not convince...

Asia's markets shrugged off the Chinese GDP figures, the weakest in post 2009 . Expectations of European equity markets following last evening's Dow on an upward move seems rather a hope. Unless the ECB continues aggressively with a stimulus programme, Europe has no real economics to back such a surge at this point. A strengthening of Euro may further dampen shares.
Europe may rise marginally  but has by the end level off or cede space.

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