Archive for October 19th, 2017

Oct 19, 2017 Stock Market All Time High, China GDP misses Whisper Number

October 19th, 2017

Tonight China GDP came inline with estimates at 6.8%, yet the whisper number was 7%. Shanghai Futures had copper down again on the second day of the China Congress. Futures down .20% in the first hour of the European Session. New Zealand had an announcement of a new prime minister which caused the Kiwi to sell off more then 1% against pairs including the USD.  PBoC Gov announced that he will be stepping down soon, maybe March. He also expressed concern over leverage. Markets seem to be focusing in on earnings of specific stocks, this was not seen during all the Central Bank Years flooding the Global Markets. Also, Catalan President Carles Puigdemont said that parliament may declare independence from Spain unless the government talks with them.

Oct 2017