Daily Report: Risk Appetite Lifted by China GDP, EFSF Downgrade Ignored
Risk appetite recovers in Asia following stronger than expected economic data from China. Q4 GDP slowed to 8.9% yoy, the weakest in 2.5 years. However, that was better than market consensus of 8.7% yoy. The moderation in GDP growth supports further easing from China while the data also suggested that
Action Insight (Market Overview)
