Not what markets want to hear after last weeks horrid start to 2016, but what the world needs to know. From China Securities Journal via Bloomberg:
- Hard for China to keep GDP growth of above 6.5%
The longer view of “official” Chinese GDP stats, via Tradingeconomics:
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Normalisation is coming. Thankfully the boffins at Treasury, RBA et al saw this slowdown coming and have prepared the local defences, telling us to “chill” and go watch the tennis/cricket/Kardashians.
AUDUSD moves almost down to 69 cents on the news:
