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Thursday, July 12, 2012

China's second quarter GDP growth cools to 7.6%

China's Q2 GDP grows 7.6%, inline with expectations and down from 8.1% in Q1. June industrial output +9.5% Y/Y vs. 9.8% expected. June retail sales +13.7% Y/Y vs. 13.5% expected

The early reviews are in from China's Q2 GDP print (the slowest pace of growth since 2009 Q1), and it's getting a thumbs up. S&P futures +0.3%, the Hang Seng +0.7%, Shanghai +0.5%. The aussie +0.2% to $1.0157. 

Stock Market Futures - 7/12/2012 -Updated 10.00 PM EST 
I will keep updating ...


S & P 500 Futures       
2.50         
NASDAQ Composite Index Futures   
   6.75
Dow Jones Industrial Average Futures     
21
Oil Futures                                      85.78

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