Investors have started wondering about the timing of any recovery and what sort of sign to look for.
There’s a constant caveat when discussing China’s economy, official data are questionable, which is why Google searches are able to offer some valuable insight.
The Dow lost 7 points last night as Wall Street just failed to make it a five-day rally. (Locked for subscribers until 10:00 AEDT)
Wall Street makes it four days in a row, booking its best week since last November as investors cross fingers in hope for more.
The West has stopped buying so the East has stopped exporting. Where will this lead us? Can the whole world hyperinflate?
Wall Street managed to hold onto Tuesday’s gains last night. Dow unchanged. (Locked for subscribers until 10:00 AEDT)
China’s trade surplus may be spiralling out of control, but Standard Chartered think China’s external imbalance will actually improve.
Wall Street traded down last night largely because there was no reason to trade up. Dow down 79.
With no Chinese stimulus package forthcoming, Wall Street went back into fear mode last night. Dow down 280.
A promise from China’s Premier Wen Jiabao to maintain 8% GDP growth was well received, but a lack of detail meant the benefit was fleeting.